Bill blum insured his hardware store with a fire insurance, Financial Management

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Bill blum insured his hardware store with a fire insurance

Bill Blum insured his hardware store with a fire insurance policy for $88,000 at a cost of $.84 per $100. Ten months later his insurance company cancelled his policy as a result of failure to correct a fire hazard. The cost of the policy to Bill was:

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Financial Management: Bill blum insured his hardware store with a fire insurance

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Financial Management: Bill blum insured his hardware store with a fire insurance

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