Answer:
£807.84
Step-by-step explanation:
Cost of Collins car insurance per year = £766.45
Percentage increase in price = 5.4%
How much does the insurance cost now?
Cost of the insurance now = £766.45 + 5.4% of £766.45
= 766.45 + 5.4/100(766.45)
= 766.45 + 0.054(766.45)
= 766.45 + 41.3883
= 807.8383
Cost of the insurance now = £807.84
