Ôn March 15, 2018, Isaac paid $1,020 for one year of car insurance, starting that day. Isaac decides to sell his car on June 12, 2018, and cancels his insurance. Considering June 12 as a day used, what prorated refund should he receive? Round your final answer to two decimals, if needed. (Do not round intermediate steps) Your Answer:

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter3: Business Income And Expenses
Section: Chapter Questions
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On March 15, 2018, Isaac paid $1,020 for one year of car insurance, starting that
day. Isaac decides to sell his car on June 12, 2018, and cancels his insurance.
Considering June 12 as a day used, what prorated refund should he receive? Round
your final answer to two decimals, if needed. (Do not round intermediate steps)
Your Answer:
Answer
Transcribed Image Text:On March 15, 2018, Isaac paid $1,020 for one year of car insurance, starting that day. Isaac decides to sell his car on June 12, 2018, and cancels his insurance. Considering June 12 as a day used, what prorated refund should he receive? Round your final answer to two decimals, if needed. (Do not round intermediate steps) Your Answer: Answer
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