Author Question: If the Townsend family pays 4.10 per 1,000 of property insurance, and their insurance bill is 758.50 ... (Read 195 times)

Melani1276

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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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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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