Question Tag: Investment Growth

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QTB – MAY 2017 – L1 – SA – Q1 – Mathematics.

A multiple-choice question calculating future value based on compound interest over 15 years at 8% annually.

How much will N22,500 amount to at 8% interest over 15 years compounded annually?

A. N71,337.81
B. N71,373.81
C. N71,378.81
D. N71,387.81
E. N71,733.81

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QTB – MAY 2017 – L1 – SA – Q1 – Mathematics.

A multiple-choice question calculating future value based on compound interest over 15 years at 8% annually.

How much will N22,500 amount to at 8% interest over 15 years compounded annually?

A. N71,337.81
B. N71,373.81
C. N71,378.81
D. N71,387.81
E. N71,733.81

Login or create a free account to see answers

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