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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 ₹350000. It accrues a simple reversionary bonus of ₹50 per 1000 Sum Assured annually for a policy term of 21 years, and a Final Additional Bonus (FAB) of ₹130 per 1000 Sum Assured. What is the total maturity value?

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