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Mary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on March 8.
Mary paid $456 for an annual contract to an ISP on July 1, 2012. She terminated her contract with the ISP on March 8. The contract requires to refund a prorated amount to the exact number of days remaining in the period of coverage. A $50 service charge is then deducted. What refund will Mary receive? Select one: OA. $50 OB. $92.42 OC $54.94 O D. SO OE. $142.42
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The question is asking us to calculate the refund Mary will receive after canceling an annual contract with an ISP considering the prorated amount for ...
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Introduction To Derivatives And Risk Management
Authors: Don M. Chance, Robert Brooks
10th Edition
130510496X, 978-1305104969
