Question
Is .10% the same as 10% ? For example, Company X's total Insurable Value is $11,596,310,082 and it Premium Payable is $11,596,310.08( 10 X $11,596,310,082
Is .10% the same as 10% ? For example, Company X's total Insurable Value is $11,596,310,082 and it Premium Payable is $11,596,310.08( 10 X $11,596,310,082 / 100), can I interpreted this as "the premium payable is 0.10% of the total value of Company X" OR "the premium payable is 10% of the total value of Company X ?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
