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Jake insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $0.49. At the end of ten months, Jake
Jake insured his pizza shop for $200,000 for fire insurance at an annual rate per $100 of $0.49. At the end of ten months, Jake canceled the policy since his pizza shop went out of business. Using the table in the handbook, the refund to Jake is:
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