Post Utme Lautech 2021 Commerce Question 4
Practice objective / multiple choice question 4 from the 2021 Post Utme Lautech Commerce examination.
A person purchases a life insurance policy with a premium of ₦50,000 per annum. The policy has a benefit of ₦10,000,000 in the event of the person's death. If the person dies after 10 years, what is the total amount paid by the insurance company?
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About This Question
This is Post Utme Lautech 2021 Commerce Question 4. It is one of the objective questions from the 2021 Post Utme Lautech Commerce examination.
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