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Determine the refund to tj

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Reference no: EM132675132

Problem 1: 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. $186.20

B. $127.40 End of exam

C. $980

D. $852.60

Problem 2: 9.1% of a circle graph represents

A. 45°.

B. 37.26°.

C. 32.76°.

D. 42°.

Problem 3: In terms of premium cost, the most expensive type of insurance is _______ insurance.

A. 20-year endowment

B. term

C. 20-payment life

D. straight-life

Reference no: EM132675132

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