Question

Wanda has a DRF of 1.75 and a 6 month basic rate of 750. What is her annual premium?

Answer 1

Answer:

$2,625.

Step-by-step explanation:

A P E X.

Answer 2

Answer:

The calculation for annual premium is explained below:

Step-by-step explanation:

Here we are given as:

                                      DRF = 1.75

                                     time period = 6 month = 2 times a year

                                     basic rate = 750

Her annual premium will be: $\frac{1.75*750}{2}$

                                            = 2625

Hence Wanda's annual premium will be 2625.