1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aivan3 [116]
3 years ago
11

Greg just purchased a house for $450,000. His annual homeowners insurance premium is $0.42 per $100 of value. If his annual prem

ium is divided into equal monthly payments, what will Greg have to pay on a monthly basis to keep his home insured? a. $1,890.00 b. $157.50 c. $1,575.00 d. $131.25 Please select the best answer from the choices provided A B C D
Mathematics
1 answer:
sveta [45]3 years ago
4 0

Answer:

\$157.50

Step-by-step explanation:

The computation of the amount pay on monthly basis is shown below:

But before that we need to find out the annual amount pay which is to be find out by applying the following formula

= Purchase\ value \times \frac {insurance\ premium}{percentage}

where,

Purchase value of the house is $450,000

Insurance premium is $0.42

Percentage is $100

Now put these values to the above formula

So, the annual amount pay is

= \$450,000 \times \frac {\$0.42}{\$100}

= \$1,890

Now the monthly paying amount is

= \frac{Annual\ amount\ pay}{total\ number\ of\ months\ in\ a\ year}

= \frac{\$1,890}{12\ months}

= \$157.50

You might be interested in
The thing is in the picture​
vitfil [10]
The answer should be C 20
6 0
2 years ago
Simplify the expression -4x2(3x − 7).
FromTheMoon [43]

Answer:

-12x^3 + 28x^2

4 0
3 years ago
Read 2 more answers
5/6 + 2/3 + 1/4 = ???
jeka94
7/4 is the answer to your question
6 0
2 years ago
The scale on a map shows that 200 miles is represented by 5 inches on a map which proportion can be used to find the distance of
IRISSAK [1]

Answer:

gzhausiaoa

Step-by-step explanation:

hshshsshhehehehehhdhdhdhdhhdhdhdfhfh

3 0
3 years ago
What’s the value of x?
son4ous [18]
180 - 53 - 96 = 31°. you know the angles are 53 and 96 degrees because the triangles are congruent via SAS congruency.
7 0
3 years ago
Other questions:
  • Two spherical balloons are filled with water. The first balloon has a radius of 3 cm, and the second has a radius of 6 cm.
    12·1 answer
  • 15 POINTS! + BRAINLIEST.
    5·1 answer
  • A candle that is 13 inches tall is lit. as the candle burns, its height decreases at a rate of 0.5 inches per hour. let t t repr
    7·1 answer
  • The graph shown matches which quadratic equation?
    5·2 answers
  • A line passes through (4,5) and (8,9) which equation best represents the line
    8·1 answer
  • What are the missing values in the following geometric sequence?
    5·1 answer
  • According to a study conducted by an​ organization, the proportion of Americans who were afraid to fly in 2006 was 0.10. A rando
    12·1 answer
  • The three methods used to classify costs into their fixed and variable components includes:_____.
    10·2 answers
  • HELP MEE PLSSS I REALLY NEED HELP
    5·1 answer
  • Which is the best estimate of the product of the fractions? StartFraction 4 Over 7 EndFraction times StartFraction 8 Over 9 EndF
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!