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Earl Miller insured his pizza shop for $310,000 for fire insurance at an annual rate per $100 of $0.66. At the end of 8 months,
Earl Miller insured his pizza shop for $310,000 for fire insurance at an annual rate per $100 of $0.66. At the end of 8 months, Earl canceled the policy since his pizza shop went out of business. (Use Table 20.4.) What was the cost of Earl's short-rate premium and his refund? Note: Round your answers to the nearest cent. Answer is complete but not entirely correct. Fire insurance short-rate and cancellation table Many companies use Days /365
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