3. Sabrina and Kate have determined that renters insurance is a necessity. They meet with an insurance agent and determine that they will purchase the replacement cost policy. The annual premium will be $415. They choose to pay the premium monthly, because it fits better into their monthly budget. The insurance company will charge an additional partial payment fee of $4 per month. What will be their monthly premium payment for renters insurance? 4. Two months after moving into their apartment, Sabrina and Kate's new HDTV and 2 laptop computers were stolen from their apartment. They were very upset but happy that they had dec appy that they had decided to purchase the replacement cost insurance policy that included a $500 deductible. They have receipts for the stolen items, the HDTV cost them $1,100, Sabrina's laptop cost $750, and Kate's laptop cost $800. Calculate the claim amount and the settlement they will receive from their insurance company