Dan paid an annual premium of $5,285 for the building and contents for his business. He sold his business seven months after the policy was in force and cancelled the policy. The short rate percent for 7 months is 75%. What was his refund?

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Dan paid an annual premium of $5,285 for the building and contents for his business. He sold his business seven months after the policy was in force and cancelled the policy. The short rate percent for 7 months is 75%. What was his refund?






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