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Allied Industries, Inc. insured an office building for $390,000 for one year at a premium rate of ...
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Allied Industries, Inc. insured an office building for $390,000 for one year at a premium rate of ...
Allied Industries, Inc. insured an office building for $390,000 for one year at a premium rate of $7.10 per thousand. At the end of nine months, the insurance company canceled the policy. Compute the amount of the refund received by Allied Industries, Inc.
Textbook
Contemporary Business Mathematics for Colleges
Edition:
16
th
Authors:
Deitz, Southam
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