Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Exercise 92

You are the insurance agent for Fandango Fashions, a company that imports men's and women's clothing from Europe and the Far East. The owner, Ron Harris, wants you to give him a quote on the total annual premium for property insurance on a new warehouse and showroom facility in the amount of $320,000. The building is structural classification B and area rating 4. In addition, Ron will require contents insurance in the amount of $ 1,200,000. What is the amount of die quote you will give Ron for the total annual premium