Post Utme Bowen University 2019 Commerce Question 30

Practice objective / multiple choice question 30 from the 2019 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2019 Commerce Objective / Multiple Choice
Question 30 POST_UTME_BOWEN_UNIVERSITY • 2019 • COMMERCE • objective

A person has a life insurance policy with a premium of ₦50,000 per year. If the policy has a 5-year term, what is the total premium paid?

Answer Options

Correct Answer A. ₦250,000
B. ₦200,000
C. ₦150,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Bowen University 2019 Commerce Question 30. It is one of the objective questions from the 2019 Post Utme Bowen University Commerce examination.

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