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Author Question: Simon Perry purchased a renter's insurance policy. His annual premium of 950 can be paid quarterly ... (Read 84 times)

abc

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Simon Perry purchased a renter's insurance policy. His annual premium of 950 can be paid quarterly with a 4 charge added each quarter. What is the total cost annually if he pays quarterly?
 a. 38.00
 
  b. 959.50
 
  c. 988.00
 
  d. 9.50

Question 2

It helps to ensure that Solver can find a solution to a linear programming problem if the model is well-scaled, that is, if all of the numbers are of roughly the same magnitude.
 a. True
  b. False
   Indicate whether the statement is true or false



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xiazhe

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Answer to Question 1

c

Answer to Question 2

TRUE





 

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