Calculate the Short-Term Premium and Refund for the Policy Canceled

question 80

Short Answer

Calculate the short-term premium and refund for the policy canceled by the insured. $$\begin{array} { l l l l } \text { Annual } & \text { Canceled } & \text { Short-term } \\\underline{\text { Premium }} & \underline { \text { After } } & \underline { \text { Premium } } & \underline { \text { Refund } } \\\$ 1,590 & 10 \text { months } &\end{array}$$

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