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Cameron Insurance Company insured Driver Gifford at an annual premium of $740. After 6 months, Gifford sold the car and canceled the insurance. Cameron Insurance

Cameron Insurance Company insured Driver Gifford at an annual premium of $740. After 6 months, Gifford sold the car and canceled the insurance. Cameron Insurance Company refunded the remaining half of the premium at the short rate based on a penalty of 15%. Compute the amount of the short-rate refund

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