Post Utme Delsu 2017 Commerce Question 26
Practice objective / multiple choice question 26 from the 2017 Post Utme Delsu Commerce examination.
A company is considering two different insurance policies to cover its employees. Policy A has a premium of ₦10,000 per year and pays out ₦50,000 in the event of an employee's death. Policy B has a premium of ₦20,000 per year and pays out ₦100,000 in the event of an employee's death. If the company has 10 employees, what is the expected value of the insurance policies?
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About This Question
This is Post Utme Delsu 2017 Commerce Question 26. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.
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