Waec Model Questions Vol1 2020 Commerce Question 48
Practice objective / multiple choice question 48 from the 2020 Waec Model Questions Vol1 Commerce examination.
A business deposits N200,000 in a bank that pays 8% per annum compounded quarterly. In addition, the business adds N10,000 to the account at the end of each quarter. What amount will be in the account after 2 years? (Round to the nearest naira.)
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About This Question
This is Waec Model Questions Vol1 2020 Commerce Question 48. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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