Post Utme Achievers University 2020 Commerce Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2020 Commerce Objective / Multiple Choice
Question 25 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • COMMERCE • objective

A life insurance policy has a premium of ₦50,000 per annum. If the policyholder pays the premium for 5 years, what is the total premium paid?

Answer Options

A. ₦200,000
B. ₦250,000
Correct Answer C. ₦300,000
D. ₦350,000
Correct Answer
C
Correct Option:
₦300,000

About This Question

This is Post Utme Achievers University 2020 Commerce Question 25. It is one of the objective questions from the 2020 Post Utme Achievers University Commerce examination.

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