Question

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner's insurance policy is $450 for the coverage they need. Their insurance company offers a discount of 6 percent if they install dead-bolt locks on all exterior doors. The couple can also receive a discount of 2 percent if they install smoke detectors on each floor. They have contacted a locksmith who will provide and install dead-bolt locks on the two exterior doors for $50 each. At the local hardware store, smoke detectors cost $7 each, and the new house has two floors. Dave and Ellen can install them themselves. a. What discount will Dave and Ellen receive if they install the dead-bolt locks? Annual discount for deadbolts b. What discount will Dave and Ellen receive if they install smoke detectors? Annual discount for smoke detectors

Answer 1

Answer:

a. $27

b. $9

Step-by-step explanation:

The yearly premium on their homeowner's insurance policy is $450 for the coverage they need.

Their insurance company offers a discount of 6 percent if they install dead-bolt locks on all exterior doors.The couple can also receive a discount of 2 percent if they install smoke detectors on each floor.

a. What discount will Dave and Ellen receive if they install the dead-bolt locks?

$0.06\times450=27$ dollars

b. What discount will Dave and Ellen receive if they install smoke detectors?

$0.02\times450=9$ dollars