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March 25, 2017

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a fire insurance policy has an annual premium of $780. what is the reguar refund if the policy is canceled by the insurance company after five months

  • alisha - ,

    780/12 = 65 per mo
    used for 5 mo = 5 * 65 = 325
    refund for 7 m0 = 7 * 65 = 455

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