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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.
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.
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
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 ...
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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.
Friden made a calculator that also provided square roots, basically by doing division, but with added mechanism that automatically incremented the number in the keyboard in a systematic fashion. The last of the mechanical calculators were likely to have short-cut multiplication, and some ten-key, serial-entry types had decimal-point keys.