Question

Calculate the premiums for the following insurance policies. (Help!!!! Active Quiz)

Answer 1

Automobile insurance: 809.50
comprehensive coverage: 64

Based on the note:
subtract 64: 809.50 - 64 = 745.50
multiply by 150% : 745.50 x 1.5 = 1,118.25
add 64: 1,118.25 + 64 = 1,182.25

The new total is 1,182.25

Answer 2

Answer: Annual premium is $1182.25.

Step-by-step explanation:

Since we have given that

Amount paid for automobile insurance = $809.50

In which Amount for comprehensive coverage includes = $64

So, Amount without comprehensive coverage is given by

$\ 809.50-\ 64\\\\=\ 745.50$

One year, Marty has two accidents.

so, amount for premium includes 150% of 745.50( Amount without comprehensive coverage) which is given by

$\frac{150}{100}\times 745.50\\\\=\ 1118.25$

Then we include the cost of comprehensive coverage as it is given that it does not change.

$1118.25+64\\\\=\ 1182.25$

Hence, Annual premium is $1182.25.