Post Utme Redeemers University 2019 Commerce Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2019 Commerce Objective / Multiple Choice
Question 35 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • COMMERCE • objective

A life insurance policy has a premium of ₦10,000 per annum. If the policyholder dies after 5 years, what is the total amount paid to the beneficiary?

Answer Options

A. ₦50,000
B. ₦60,000
C. ₦70,000
Correct Answer D. ₦80,000
Correct Answer
D
Correct Option:
₦80,000

About This Question

This is Post Utme Redeemers University 2019 Commerce Question 35. It is one of the objective questions from the 2019 Post Utme Redeemers University Commerce examination.

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