Earl Miller Insured His Pizza Shop For 160 000 For Fire Insurance At An Annual Rate Per 100 Of 0 66 At The End Of 5 1 (14.95 KiB) Viewed 25 times
Earl Miller Insured His Pizza Shop For 160 000 For Fire Insurance At An Annual Rate Per 100 Of 0 66 At The End Of 5 2 (17.22 KiB) Viewed 25 times
Earl Miller insured his pizza shop for $160,000 for fire insurance at an annual rate per $100 of $0.66. At the end of 5 months. Earl canceled the policy since his pizza shop went out of business. (Used Table 20.4) What was the cost of Earl's premium and his refund? (found your answers to the nearest cont) Cost Premium Refund
TABLE 20.4 Time policy is in force Fire Insurance short rate and Cancellation table Percent of annual rate to be charged Time policy is in force Percent of annual rate to be charged Month 10 Days 10 20 25 Month 15 17 10 to 35 100
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