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Business, 09.01.2020 03:31 blakestuhan

The new owner of a house needs fire insurance coverage for $ 98,000. the annual premium rate is $0.22 per $ 100 for the amount insured. the insurance company agreed to make the cost of the policy 2 1/2 times the annual rate if he purchased a three-year policy. how much would the insurance portion of his monthly piti payments be to pay for the policy?

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