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6 October, 18:01

Question 8

Speedster Inc is offering a premium with every bike for sale. Customers can choose between limited edition handlebars, a custom designed

helmet, or tickets to Speedster's upcoming bike race and exhibition. Eric is thinking about buying a new bike so he can get tickets to the race.

What does premium mean in the passage above?

a fee paid for instruction in a trade or a profession

a bonus given to entice the purchase of products

a sum additional to the interest paid for a money loan

an amount paid to maintain insurance coverage

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  1. 6 October, 18:05
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    A sum additional to interest paid for a money loan.
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