If the Townsend family pays 4.10 per 1,000 of property insurance, and their insurance bill is 758.50 ...

Author Question: If the Townsend family pays 4.10 per 1,000 of property insurance, and their insurance bill is 758.50 ... (Read 260 times)

Melani1276

Hero Member
Posts: 516

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

Sr. Member
Posts: 298

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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