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13 October, 00:38

A building was insured for $7,500. The insurance cost $.25 per $100. What was the amount of the premium

$8.75

$13.75

$18.75

$75.00

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Answers (2)
  1. 13 October, 00:50
    0
    It would be $18.75

    the steps are:

    7500/100 = 75

    75*0.25 = 18.75
  2. 13 October, 00:52
    0
    Yes it's 18.75 for in premium.
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