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LIC Premium & Maturity Calculator Knowledge Check
Sharpen your lic premium & maturity calculator skills with algorithmically generated problems. Each attempt produces unique values to test your formula knowledge.
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An LIC policy has a Sum Assured of ₹500000. It accrues a simple reversionary bonus of ₹50 per 1000 Sum Assured annually for a policy term of 25 years, and a Final Additional Bonus (FAB) of ₹120 per 1000 Sum Assured. What is the total maturity value?
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