Business, 29.03.2021 17:50 kmcpig

A property is worth $12,000, and its furniture and household goods are worth $4,000. The owner insures them both for 80% of their value. The annual rate on the dwelling is $2.80 per $1,000, and the furniture and household goods are $3.30 per $1,000. If the premium for a three-year policy is 2-1/2 times the premium for one year, what savings would be affected by taking out a 3-year policy

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A property is worth $12,000, and its furniture and household goods are worth $4,000. The owner insur...