Rudy needs temporary property insurance to cover his home for a period of 6 months. Based ori Table 19-5 what would be his short-rate premium if the annual premium were $1,265.00? (Round your answer to the nearest cent.) O $379.50 O $632.50 O $885.50 $1 265 00
Rudy needs temporary property insurance to cover his home for a period of 6 months. Based ori Table 19-5 what would be his short-rate premium if the annual premium were $1,265.00? (Round your answer to the nearest cent.) O $379.50 O $632.50 O $885.50 $1 265 00
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![TABLE 19-5 Property Insurance Short-Rate Schedule
Percent of
Percent of
Time Policy
Is in Force
Time Policy
Is in Force
5 days
10 days
Annual
Annual
Premium
(months)
Premium
8
4
50
10
5
60
15 days
14
70
20 days
16
7
75
25 days
18
8.
80
85
1 month
20
10
90
2 months
30
11
95
3 months
40
12
100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ccfb7c3-0b0e-402d-9000-4594c9e25f36%2F2cc2a14c-de65-4d35-a6e8-cb5322c7020d%2Ftl2l18j_processed.png&w=3840&q=75)
Transcribed Image Text:TABLE 19-5 Property Insurance Short-Rate Schedule
Percent of
Percent of
Time Policy
Is in Force
Time Policy
Is in Force
5 days
10 days
Annual
Annual
Premium
(months)
Premium
8
4
50
10
5
60
15 days
14
70
20 days
16
7
75
25 days
18
8.
80
85
1 month
20
10
90
2 months
30
11
95
3 months
40
12
100
![Rudy needs temporary property insurance to cover his home for a period of 6 months. Based or Table 19-5 what would be his short-rate premium if the annual premium were $1,265.00? (Round your answer to the nearest cent.)
O $379.50
O $632.50
O $885.50
O $1,265.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9ccfb7c3-0b0e-402d-9000-4594c9e25f36%2F2cc2a14c-de65-4d35-a6e8-cb5322c7020d%2Fa9xmut_processed.png&w=3840&q=75)
Transcribed Image Text:Rudy needs temporary property insurance to cover his home for a period of 6 months. Based or Table 19-5 what would be his short-rate premium if the annual premium were $1,265.00? (Round your answer to the nearest cent.)
O $379.50
O $632.50
O $885.50
O $1,265.00
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