Post Utme Uniben 2017 Commerce Question 39
Practice objective / multiple choice question 39 from the 2017 Post Utme Uniben Commerce examination.
A life insurance policy has a premium of ₦10,000 per year. The policy pays out ₦50,000 if the policyholder dies within the first year. What is the expected value of the policy?
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About This Question
This is Post Utme Uniben 2017 Commerce Question 39. It is one of the objective questions from the 2017 Post Utme Uniben Commerce examination.
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