Answer:
1.78.09
2. 2755.59
Step-by-step explanation:
you go to the whome insurance company for auto insurance the charge $525.00 as a base rate for six months of insurance for your vehicle they offer a 15% discount for safe driver habits and a 10% discount for an excellent credit rating of 5% for a good rating the increase the rate by 5% and 10% respectively for a fair or poor credit rating you have a fair credit rating and qualify for the safe driver discount how much do the insurance cost you per month?
Insurance is more like a protection against any risk associated with vehicles, assets, buildings and lives.
the charge form the insurer is $525 with a 15% discount means
525 * 0.85 = 446.25
or525-(525*15%)
aand increment in rate after 6 months
446.25 * 1.05 = 468.56 or
446.25+446.25+5%
468.56 / 6 =
78.09
2. if the cost of the vehicle is 17000
a discount of 10%b for an excellent credit rating equals
17000*.90
$15300+1.05
16065
therefore per month he is going to pay 16065/6
$2677.5
add answer +78.09=2755.59
