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2. You are given the following calendar year earned premium: CY Earned Premium 2012 4253 You are also given the following rate changes; Date Rate

2. You are given the following calendar year earned premium: CY Earned Premium 2012 4253 You are also given the following rate changes; Date Rate Change April 1, 2011 +12.0% September 1, 2012 +6.0% July 1, 2013 +10.0% 2013 4700 2014 5005 Determine the approximate earned premium at current (end of 2014) rates for 2013image text in transcribed

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