Rajesh paid the annual premium of $3000 for medical insurance. Three months later, he cancelled the insurance.
Question:
Rajesh paid the annual premium of $3000 for medical insurance. Three months later, he cancelled the insurance. Calculate the pro-rated refund he should receive from the insurance company.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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