18. T.J. bought fire insurance for his pizza shop for $200,000 at an annual rate...

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Accounting

18. 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

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