Tony owns a house valued at $147,000 and household good valued at $16,000. He insures the house and contents for their full valu

Question

2 years ago

5

e at the rate of $0.42 per $100. How much is Tony’s annual premium?

1 answer:

marishachu [46] · Answer 1 · 2022-07-23T21:18:06+03:00

8 0

Answer: Tony's annual premium is $684.60

Step-by-step explanation:

147,000 + 16,000 = 163,000

163,000 / 100 = 1,630

1,630 x .42 = 684.60

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