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Compute amount that one month of insurance cost Fitzwater

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Question - Safeco Insurance Company insured Driver Fitzwater at an annual premium of $3,300. After one month, Fitzwater sold the car and canceled the insurance. Safeco Insurance Company refunded the remaining 11 months' premium at the short rate based on a 15% penalty. Compute the amount that the one month of insurance cost Fitzwater.

Reference no: EM132529412

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