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anastassius [24]
4 years ago
8

Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. Her premium payment is $100 per month.

If she makes a $5,000 claim on the policy in a given year, how much will she pay out of pocket in premiums and deductible that year?
A: $1,000
B: $1,200
C:$2,200
D:$4,000
Business
2 answers:
lisov135 [29]4 years ago
6 0

The answer is C) $2,200

Ulleksa [173]4 years ago
5 0
I would say C. $2200 because she pays $100 per month for the insurance so $100 x 12 = $1200 so that is the cost per year for the premiums. If she has a $5000 claim and has a $1000 deductible then she will have to pay the first $1000 of the $5000 so $1000 + $1200= $2200.
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7 0
3 years ago
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Ksenya-84 [330]

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bogdanovich [222]

Answer:

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5 0
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