Ask Question
7 February, 14:44

If you are quoted a rate of $0.562 per hundred dollars of coverage on your car wash business and you need $350,000 of coverage, what is the cost?

+3
Answers (1)
  1. 7 February, 14:59
    0
    Divide the total amount of coverage needed by 100 to find the number of hundreds needed:

    350,000 / 100 = 3,500 hundreds.

    Multiply the number of hundreds by the cost per hundred:

    3,500 x 0.562 = $1,967 total cost.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If you are quoted a rate of $0.562 per hundred dollars of coverage on your car wash business and you need $350,000 of coverage, what is the ...” in 📗 Mathematics 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