Solve the Problem

question 113

Multiple Choice

Solve the problem. Use the fire insurance rate table if needed. Rates are for each $100 of insurance. Round to the nearest dollar.
-Laura Lee Candies owns a class A building with a replacement cost of $154,000. Contents are valued at $71,000. The area is rated 3. Find the fire insurance annual premium.

• A)$774
• B)$90
• C)$896
• D)$971

---

Definitions:

Self-Concept

An individual’s perception or image of themselves, shaped by experiences, beliefs, and feedback from others.

Physical Social

Refers to the real-world interactions and relationships between individuals or groups in a community or society.

Value Congruence

Refers to the degree to which individuals' or organizations' values align with each other, facilitating cooperation and mutual respect.

Personal Consistency

Refers to the degree to which an individual exhibits stable behavior and attitudes over time.