As the owner of a business, Karen needs fire insurance. Her building is worth $724,000 and the contents are valued at $677,000. Her agent placed the building in structural classification B and area rating 2. Use Table 19-4 to calculate her total premium. Round your answer to the nearest cent.

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As the owner of a business, Karen needs fire insurance. Her building is worth $724,000 and the contents are valued at $677,000.
Her agent placed the building in structural classification B and area rating 2. Use Table 19-4 to calculate her total premium.
Round your answer to the nearest cent.
Transcribed Image Text:As the owner of a business, Karen needs fire insurance. Her building is worth $724,000 and the contents are valued at $677,000. Her agent placed the building in structural classification B and area rating 2. Use Table 19-4 to calculate her total premium. Round your answer to the nearest cent.
TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value)
Structural Classification
A
B
D
Area
Rating
Building
Building
Building
Contents
Building
Contents
Contents
Contents
S.21
$.24
$.32
$.37
$.38
$.42
$ 44
$.48
2
.38
.42
39
48
43
51
.57
.69
3
.44
.51
55
.66
.69
.77
.76
.85
4
.59
.68
.76
.83
.87
1.04
.98
1.27
5
.64
.73
.92
1.09
1.08
1.13
1.39
1.43
Transcribed Image Text:TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value) Structural Classification A B D Area Rating Building Building Building Contents Building Contents Contents Contents S.21 $.24 $.32 $.37 $.38 $.42 $ 44 $.48 2 .38 .42 39 48 43 51 .57 .69 3 .44 .51 55 .66 .69 .77 .76 .85 4 .59 .68 .76 .83 .87 1.04 .98 1.27 5 .64 .73 .92 1.09 1.08 1.13 1.39 1.43
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