Post Utme Delsu 2021 Commerce Question 40
Practice objective / multiple choice question 40 from the 2021 Post Utme Delsu Commerce examination.
A life insurance policy has a premium of ₦50,000 per annum. The policy pays a benefit of ₦1,000,000 in the event of the policyholder's death. If the policyholder dies after 5 years, what is the total amount that the policyholder's family will receive?
Answer Options
About This Question
This is Post Utme Delsu 2021 Commerce Question 40. It is one of the objective questions from the 2021 Post Utme Delsu Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.