Question: Howard Jane had take out a 1 3 0 , 0 0 0 Fire insurance policy for his new restaurant at a rate of $

Howard Jane had take out a 130,000 Fire insurance policy for his new restaurant at a rate of $0.82 per 100. Nine months later, Howard canceled the policy and decided to move his store to a new location. The cost of the premium to Howard is use the table in the textbook: 1066; $863.49; 1606; $836.64; none of these?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!