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Insurance Calculation
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07-26-2007, 03:44 PM
Silent A
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Join Date: Aug 2005
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Posts: 2,838
Re: Insurance Calculation
I assume he gets the $102 back from you if he fails?
If so, he has a 60% chance of failing so you should charge him:
($102)(0.6) + $10 = $71.20
Silent A
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