A company has a property insurance policy with an annual premium of $1130. And recent months the company is filed for different claims against the policy of fire two burglaries and ev vandalisman incident. The insurance company has elected to cancel the policy, which is been in effect for 330 days. What is the regular refund due in dollars to the company round your answer to the nearest cent?
A company has a property insurance policy with an annual premium of $1130. And recent months the company is filed for different claims against the policy of fire two burglaries and ev vandalisman incident. The insurance company has elected to cancel the policy, which is been in effect for 330 days. What is the regular refund due in dollars to the company round your answer to the nearest cent?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A company has a property insurance policy with an annual premium of $1130. And recent months the company is filed for different claims against the policy of fire two burglaries and ev vandalisman incident. The insurance company has elected to cancel the policy, which is been in effect for 330 days. What is the regular refund due in dollars to the company round your answer to the nearest cent?
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