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The return premium is generally calculated using a wheel calculator, a type of circular slide rule or an online version. [1] The return premium is calculated by calculating the unearned premium and then subtracting any unpaid premium and penalty for early cancellation.
This life insurance calculator is designed to take the guesswork out of the process by helping you estimate the ideal amount of coverage based on your unique needs. Check how much a term life ...
The pocket-sized Hewlett-Packard HP-35 scientific calculator was the first handheld device of its type, but it cost US$395 in 1972. This was justifiable for some engineering professionals, but too expensive for most students. Around 1974, lower-cost handheld electronic scientific calculators started to make slide rules largely obsolete.
Pro rata is an adverb or adjective meaning in equal portions or in proportion. [1] The term is used in many legal and economic contexts. The hyphenated spelling pro-rata for the adjective form is common, as recommended for adjectives by some English-language style guides.
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The term full coverage is actually a misnomer because, even within traditional "full coverage" insurance, there are many different types of coverage, and many optional amounts of each. "Full coverage" is a layman's misnomer that often results in drivers and vehicle owners being woefully underinsured.
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