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Calculate the premiums for the following insurance policies. (Help!!!! Active Quiz)


Marty pays $809.50 for automobile insurance, of which $64 is for comprehensive coverage. One year, Marty has two accidents. What will his premium be the next year assuming the cost for comprehensive does not change?

(Note: Subtract the $64 before you take 150 percent, then add the $64 back in to get the new total!)


Annual premium?

Verified Answer :

taskmasters

Automobile insurance: 809.50
comprehensive coverage: 64

Based on the note:
subtract 64: 809.50 - 64 = 745.50
multiply by 150% : 745.50 x 1.5 = 1,118.25
add 64: 1,118.25 + 64 = 1,182.25

The new total is 1,182.25

Answer: Annual premium is $1182.25.

Step-by-step explanation:

Since we have given that

Amount paid for automobile insurance = $809.50

In which Amount for comprehensive coverage includes = $64

So, Amount without comprehensive coverage is given by

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One year, Marty has two accidents.

so, amount for premium includes 150% of 745.50( Amount without comprehensive coverage) which is given by

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Then we include the cost of comprehensive coverage as it is given that it does not change.

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Hence, Annual premium is $1182.25.

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