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levacccp [35]
3 years ago
12

Sam knows that his annual homeowners insurance premium is $0.27 per $100 of value, which usually works out to be $683.10 annuall

y. But Sam is confused by a letter from his insurance company telling him that an increase in the value of his home has led to an increase in his annual homeowners insurance premium. He is now being charged an annual premium of $720.90. Based on the increase in his annual homeowners insurance premium, what was the increase in his home's value? (Note: The cost is still $0.27 per $100, even though the annual premium went up.)
Mathematics
1 answer:
valentina_108 [34]3 years ago
7 0

Answer:

C. $14,000

Step-by-step explanation:

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Answer:

18.18% of employees rode the bus to work last year

Step-by-step explanation:

This question can be solved using a rule of three.

Last year, a proportion of x employees riding the bus was 100% = 1.

This year, 20% = 0.2 ride the bus, which is 100 + 10 = 110% = 1.1 of last year.

So

0.2 - 1.1

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x = \frac{0.2}{1.1}

x = 0.1818

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Step-by-step explanation:

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