Post Utme Coal City University 2020 Commerce Question 3
Practice objective / multiple choice question 3 from the 2020 Post Utme Coal City University Commerce examination.
A policyholder purchases a life insurance policy with a face value of ₦5 million. The policy has a term of 20 years and a premium of ₦50,000 per annum. What is the probability that the policyholder will survive the term of the policy?
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About This Question
This is Post Utme Coal City University 2020 Commerce Question 3. It is one of the objective questions from the 2020 Post Utme Coal City University Commerce examination.
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