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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 ...

bmwprincess

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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 ...

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:

▸

$980

▸

$852.60

▸

$127.40

▸

$186.20

▸

None of the answer choices are correct.

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

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localbabe10

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More solutions for this book are available here

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Thank you, thank you, thank you!

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