Post Utme Covenant University 2020 Commerce Question 25
Practice objective / multiple choice question 25 from the 2020 Post Utme Covenant University Commerce examination.
A company's insurance policy has a premium of ₦50,000 per year. If the company has a deductible of ₦20,000, and the policy pays out ₦30,000 per claim, what is the expected value of the policy?
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About This Question
This is Post Utme Covenant University 2020 Commerce Question 25. It is one of the objective questions from the 2020 Post Utme Covenant University Commerce examination.
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