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ABC company is a new business that is applying for workers compensation insurance for 20 employees who are classified as clerical employees. The manual rate

ABC company is a new business that is applying for workers compensation insurance for 20 employees who are classified as clerical employees. The manual rate is $0.3 per $100 of payroll. ABC average compensation is $50,000 per employee. Please calculate the basic premium that would be charged for ABC's 20 employees, ignoring any additional rating factors that might apply.

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