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A Life Insurance Company has 1500 policies averaging Rs.2000 on lives at age 30. From experience, it is found that out of 100,000 alive at age 30, 99,000 survive at age 31. What is the lower value of the amount that the company will have to pay in insurance during the year? a) Rs.6000 b) Rs.8000 c) Rs.8200 d) Rs.8500? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared
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A Life Insurance Company has 1500 policies averaging Rs.2000 on lives at age 30. From experience, it is found that out of 100,000 alive at age 30, 99,000 survive at age 31. What is the lower value of the amount that the company will have to pay in insurance during the year? a) Rs.6000 b) Rs.8000 c) Rs.8200 d) Rs.8500?, a detailed solution for A Life Insurance Company has 1500 policies averaging Rs.2000 on lives at age 30. From experience, it is found that out of 100,000 alive at age 30, 99,000 survive at age 31. What is the lower value of the amount that the company will have to pay in insurance during the year? a) Rs.6000 b) Rs.8000 c) Rs.8200 d) Rs.8500? has been provided alongside types of A Life Insurance Company has 1500 policies averaging Rs.2000 on lives at age 30. From experience, it is found that out of 100,000 alive at age 30, 99,000 survive at age 31. What is the lower value of the amount that the company will have to pay in insurance during the year? a) Rs.6000 b) Rs.8000 c) Rs.8200 d) Rs.8500? theory, EduRev gives you an
ample number of questions to practice A Life Insurance Company has 1500 policies averaging Rs.2000 on lives at age 30. From experience, it is found that out of 100,000 alive at age 30, 99,000 survive at age 31. What is the lower value of the amount that the company will have to pay in insurance during the year? a) Rs.6000 b) Rs.8000 c) Rs.8200 d) Rs.8500? tests, examples and also practice CA Foundation tests.