Post Utme Esut 2017 Commerce Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Esut Commerce examination.

Post Utme Esut 2017 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ESUT • 2017 • COMMERCE • objective

A life insurance policy has a premium of ₦10,000 per year, and a benefit of ₦200,000. If the policyholder dies after 5 years, what is the amount of the claim?

Answer Options

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

About This Question

This is Post Utme Esut 2017 Commerce Question 23. It is one of the objective questions from the 2017 Post Utme Esut Commerce examination.

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