Post Utme Abu 2024 Commerce Question 26
Practice objective / multiple choice question 26 from the 2024 Post Utme Abu Commerce examination.
A life insurance policy has a premium of ₦100,000 per year and a death benefit of ₦500,000. If the probability of death is 0.05, what is the expected value of the policy?
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About This Question
This is Post Utme Abu 2024 Commerce Question 26. It is one of the objective questions from the 2024 Post Utme Abu Commerce examination.
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