Duke Schmidt has a renters insurance policy for $20,000 of household goods, has selected $300,000 liability with

Question:

Duke Schmidt has a renters insurance policy for $20,000 of household goods, has selected $300,000 liability with $1,000 deductible, and his credit is rated as occasional payments past 30 days. If Duke also adds an endorsement of $12,500 to insure his gun collection: $3,500 to insure the jewelry he keeps at his condo, how much is his annual premium?