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Warren Ford insured his real estate office with a fire insurance policy for $105,000 at...

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Accounting

Warren Ford insured his real estate office with a fire insurance policy for $105,000 at a cost of $0.59 per $100. Seven months later the insurance company canceled his policy because of a failure to correct a fire hazard.

What did Warren have to pay for the 7 months of coverage? (Do not round intermediate calculations. Round your answer to the nearest cent.)

Amount to pay $

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