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Dominik [7]
3 years ago
14

Rachel just purchased a homeowners insurance policy for her new home that costs $0.43 per $100. Her home is worth $387,500. What

is Rachel’s annual homeowners insurance premium? a. $1,666.25 b. $2,208.75 c. $8,802.33 d. $9,011.63
Mathematics
2 answers:
katrin2010 [14]3 years ago
7 0
<span>1,666.25 is the answer. found it on quizlet</span>
ANEK [815]3 years ago
3 0
This problem can be solved through the concept of ratio and proportion such that the ratio between $0.43 and $100 should be the same as that of her insurance premium, x, and the cost of her new home. 
                               $0.43 / $100  = x / $387,500
The value of x from the equation generated above is,
                               x = $1666.25
Thus, the answer is letter A. 
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