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OpenStudy (nmendiola):
Rudy has been paying an annual homeowners insurance premium of $1,106.30 ($0.37 per $100 of value) since he first purchased his house. For the past six month Rudy has completed some major improvement to his house to improve its overall value. If Rudy successfully adds $50,000 to the value of his house what will his new annual homeowners and insurance
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