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OpenStudy (anonymous):
Amount insured: $75,000 Rate per hundred: $.96 Annual premium: ?
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OpenStudy (anonymous):
I don't quite understand what it is looking for but I assume that is the rate you have to pay per one hundred dollars of coverage So you have 0.96 dollars per 100 dollars of coverage multiplied by the amount of dollars (75000) \[\frac{ 0.96 }{ 100 } * 75000\]
OpenStudy (anonymous):
Thank you!! :)
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