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Goods are to be insured at 1 1 0 % CIP value. Total invoice value for the goods is US $ 3 3 , 0

Goods are to be insured at 110% CIP value. Total invoice value for the goods is US $33,000.00. The total ocean freight is US $5,500.00. Canadian inland charges and handling total is US $600.00. Marine insurance rate is 0.25%. What will be the insurance premium paid for this cargo?
Question 19 options:
US $107.79
US $97.75
US $431.17
US $126.53

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