Question

Sarah pays $48.00 each month to keep her house insured. If her house is valued at $223,050, about how much is Sarah paying per $100 in homeowners insurance annually?

Answer 1

If it values at: 223,050 dolars, she has 2230.5 parcels of 100 dolars.

By paying 48 dolars, we have to divide these by the amount of 100s she has.

48/2230.5= .021 dolars per 100

Hope you get it!

Answer 2

Answer:

Sarah is paying $0.258

Step-by-step explanation:

Given is :

Sarah is paying $48 each month, so she will be paying $48\times12=576$ in a year.

Let Sarah be paying 'x' per $100 in homeowners insurance annually.

Now, Sarah is paying for $223050 an amount of = 576

Now we will find the value of x

x = $\frac{576*100}{223050}$

x =$\frac{384}{1487}$

x = 0.258

Therefore, Sarah will be paying $0.258 per $100 in homeowners insurance annually.