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Step1: Identify the base premium and discount rate
The base premium for Policy A is $700, and the discount rate is 10%.
Step2: Calculate the discount amount
The discount amount is 10% of $700. To find this, we calculate \( 0.10 \times 700 = 70 \).
Step3: Subtract the discount from the base premium
The adjusted premium is the base premium minus the discount: \( 700 - 70 = 630 \).
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\( \$630 \)