Contents Total Premium Premium

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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Question
100%
TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value)
SC
Area
Rating
1
2
3
4
5
!
1
Q
::
FI
Building
$.21
.38
.44
.59
.64
2
W
F2
A
#
3
Contents
$.24
.42
.51
.68
.73
80
F3
F
$
4
000
000
F4
R
Building
$.32
.39
.55
.76
.92
%
5
F5
T
Structural Classification
B
6
Contents
$.37
.48
.66
.83
1.09
MacBook Air
F6
&
7
An
F7
Building
$.38
.43
.69
.87
1.08
11
* 00
8
DII
FB
C
(
9
Contents
$.42
.51
.77
1.04
1.13
F9
C
)
0
A
Building
$.44
F10
.57
.76
.98
1.39
()
F11
D
+
=
Contents
$.48
.69
.85
1.27
1.43
F12
Transcribed Image Text:TABLE 19-4 Annual Fire Insurance Premiums (per $100 of Face Value) SC Area Rating 1 2 3 4 5 ! 1 Q :: FI Building $.21 .38 .44 .59 .64 2 W F2 A # 3 Contents $.24 .42 .51 .68 .73 80 F3 F $ 4 000 000 F4 R Building $.32 .39 .55 .76 .92 % 5 F5 T Structural Classification B 6 Contents $.37 .48 .66 .83 1.09 MacBook Air F6 & 7 An F7 Building $.38 .43 .69 .87 1.08 11 * 00 8 DII FB C ( 9 Contents $.42 .51 .77 1.04 1.13 F9 C ) 0 A Building $.44 F10 .57 .76 .98 1.39 () F11 D + = Contents $.48 .69 .85 1.27 1.43 F12
S.
Area Rating
4
use Table 19-4
and
total
(in $) ?
to Calculate the building, Contents,
property insurance premiums for the policy
Structual Class Buiding Value Building Premium Contents Value Contents Total
$86,000
127,000 Premium Premium
Transcribed Image Text:S. Area Rating 4 use Table 19-4 and total (in $) ? to Calculate the building, Contents, property insurance premiums for the policy Structual Class Buiding Value Building Premium Contents Value Contents Total $86,000 127,000 Premium Premium
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