Question $2$

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On January $1,$ Sam prepaid $$1,200$ towards insurance for one year. After half a year, he cancelled the insurance policy and received a refund for the remaining balance. By how much diri Sam's net worth change from January to June?

Select one:

a$.$ Net worth decreased by $$600$

b$.$ Net worth increased by $$600$

c$.$ Net worth decreased by $$1,200$

d$.$ Net worth did not change