Question
__________ is the amount the insurance company has to
pay you when the policy matures that would also include the sum assured and the bonuses.Solution
Maturity value is the amount payable to an investor at the end of a debt instrument's holding period (maturity date). For most bonds, the maturity value is the face amount of the bond. For some certificates of deposit (CD) and other investments, all of the interest is paid at maturity
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