Davis Insurance Company insured Driver Ashley's two cars at annual premiums of $3,400 for car A and $2,440 for car B. Ashley sold both cars after six months and canceled the insurance. The insurance company refunded the remaining six months' premiums at the short rate based on a 15% penalty. Compute the amount of the total refund.

Question

Davis Insurance Company insured Driver Ashley's two cars at annual premiums of $3,400 for car A and $2,440 for car B. Ashley sold both cars after six months and canceled the insurance. The insurance company refunded the remaining six months' premiums at the short rate based on a 15% penalty. Compute the amount of the total refund.​

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The Answer of Davis Insurance Company insured Driver Ashley's two cars at annual premiums of $3,400 for car A and $2,440 for car B. Ashley sold both cars after six months and canceled the insurance. The insurance company refunded the remaining six months' premiums at the short rate based on a 15% penalty. Compute the amount of the total refund.​

Davis Insurance Company Insured Driver Ashley's Two Cars at Annual