Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.

Question

3 years ago

11

His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?

2 answers:

Gelneren [198K] · Answer 1 · 2021-11-24T06:43:20+03:00

8 0

The answer is d. I hope this helps

8090 [49] · Answer 2 · 2021-11-24T08:35:55+03:00

Answer:

Option D is correct.

Step-by-step explanation:

The current total annual premiums become :

$22.50+144.75+275.75+100=543$

Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.

So, the amount increases by :

$0.052\times543=28.236$

So, the new amount becomes = $543+28.236$ = $571.236 ≈$571.24

Hence, option D is correct.