Ask Question
2 November, 20:40

Cesar's annual homeowners insurance premium is $972.80. If his home is valued at $253,000, roughly how much is Cesar paying for homeowners insurance? a. $0.13 per $100 of value b. $0.19 per $100 of value c. $0.26 per $100 of value d. $0.38 per $100 of value

+2
Answers (2)
  1. 2 November, 20:58
    0
    Since all the choices are in $100 breakdown already, we divide the $253,000 by $100 and this will give us 2530 units. Then, we divide the insurance premium by the number of parts so that each $100 value is costs:

    (972.00) / 253,000 = x / 100

    x from the equation 0.384

    Thus, Cesar is paying approximately $0.38/$100 of value, letter D.
  2. 2 November, 21:07
    0
    d. $0.38 per $100 of value
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Cesar's annual homeowners insurance premium is $972.80. If his home is valued at $253,000, roughly how much is Cesar paying for homeowners ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers