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What would be the total fire insurance premium for Best Hardware if their $685,000 building belongs in structural classification B? The contents are worth $840,250 and they received an area rating of 4. The rates per $100 are found in Table 19-4. (Round your answer to the nearest cent.) a. $12,071.40 b. $12,180.08     c. $14,434.18 d. $14,698.10

What would be the total fire insurance premium for Best Hardware if their $685,000 building belongs in structural classification B? The contents are worth $840,250 and they received an area rating of 4. The rates per $100 are found in Table 19-4. (Round your answer to the nearest cent.) a. $12,071.40 b. $12,180.08     c. $14,434.18 d. $14,698.10

Pkg Acc Infor Systems MS VISIO CD
Pkg Acc Infor Systems MS VISIO CD
10th Edition
ISBN:9781133935940
Author:Ulric J. Gelinas
Publisher:Ulric J. Gelinas
Chapter5: Database Management System
Section: Chapter Questions
Problem 12P
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What would be the total fire insurance premium for Best Hardware if their $685,000 building belongs in structural classification B? The contents are worth $840,250 and they received an area rating of 4. The rates per $100 are found in Table 19-4. (Round your answer to the nearest cent.)
a. $12,071.40
b. $12,180.08    
c. $14,434.18
d. $14,698.10
Area Rating 1 2345 Building $.21 .38 .44 .59 .64 A Contents $.24 .42 .51 .68 .73 Building $.32 .39 .55 .76 .92 Structural Classification B Contents $.37 .48 .66 .83 1.09 Building $.38 .43 .69 .87 1.08 C Contents $.42 .51 .77 1.04 1.13 Building $.44 .57 .76 .98 1.39 D Contents $.48 .69 .85 1.27 1.43
Transcribed Image Text:Area Rating 1 2345 Building $.21 .38 .44 .59 .64 A Contents $.24 .42 .51 .68 .73 Building $.32 .39 .55 .76 .92 Structural Classification B Contents $.37 .48 .66 .83 1.09 Building $.38 .43 .69 .87 1.08 C Contents $.42 .51 .77 1.04 1.13 Building $.44 .57 .76 .98 1.39 D Contents $.48 .69 .85 1.27 1.43
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