# T.J. bought fire insurance for his pizza shop for \$200,000 at an annual rate per \$100 of \$.49. At the end of 10 months, T.J. canceled the policy since his pizza shop went out of business. Using the tables found in the textbook, determine the refund to T.J.    A. \$852.60B. \$127.40C. \$186.20D. \$980

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Asked Dec 17, 2019
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T.J. bought fire insurance for his pizza shop for \$200,000 at an annual rate per \$100 of \$.49. At the end of 10 months, T.J. canceled the policy since his pizza shop went out of business. Using the tables found in the textbook, determine the refund to T.J.

 A. \$852.60 B. \$127.40 C. \$186.20 D. \$980
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Step 1

Given that,

T.J bought fire insurance is \$200,000

Annual rate per \$100 0f \$0.49.

At the end of 10 months,

Determine the refund to T.J?

Step 2

T.J bought insurance 200000

The refund to T.J is \$980.

...

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