Question 7

A bank manager contributes 7% of his income into a fund and his wife contributes 4% of her income . The husband earns N55,00 per annum and the wife earns N400,00 per annum. Find the sum of their annual contribution to the fund.

  • A.N60,500
  • B.N54,500
  • C.N49,000
  • D.N44,000
Objective

Question details

Exam body
UNIBEN
Subject
General Paper
Year
2007/2008
Question no.
#7
Type
Objective

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