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Author Question: If the Townsend family pays 4.10 per 1,000 of property insurance, and their insurance bill is 758.50 ... (Read 141 times)

Melani1276

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on: Jun 24, 2018
If the Townsend family pays 4.10 per 1,000 of property insurance, and their insurance bill is 758.50 annually, what is the amount of coverage on their home?

Question 2

Determine the annual premium due for property insurance for 215,000 coverage at 4.25 per 1,000.


princessflame2016

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Reply #1 on: Jun 24, 2018
Answer to Question 1

185,000; 758.50  4.10 = 185; 185  1,000 = 185,000

Answer to Question 2

913.75;


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