What would be the total fire insurance premium for Best Hardware if their $625,000 building belongs in structural classification B? The contents are worth $850,250 and they received an area rating of 4. The rates per $100 are found in Table 19-4 from your text. (Round your answer to the nearest cent)
A) $14,525.00
B) $11,807.08
C) $17,123.58
D) $10,456.68
Correct Answer:
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