Post Utme Igbinedion University 2018 Commerce Question 13
Practice objective / multiple choice question 13 from the 2018 Post Utme Igbinedion University Commerce examination.
A policyholder purchases a life insurance policy with 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 benefit paid to the beneficiary?
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About This Question
This is Post Utme Igbinedion University 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Igbinedion University Commerce examination.
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