Question

If the home is worth $97,540 and your insurance covers 10 percent of other structures, what is the total amount of coverage?

4877
975
7342
9754

If the home is worth $123,670 and your insurance covers 20 percent of living expenses during repair, what is the total amount of coverage?

4877
9175
17342
24734

If the home is worth $210,400 and your insurance covers 5 percent of other structures, what is the total amount of coverage?

9877
9550
10520
9754

If Lauren's home is worth $159,000, and her insurance covers 50 percent for personal property, what is the total amount of coverage?

79500
119250
124550
39750

Joan pays $456.25 monthly on her mortgage. If her annual insurance premium is $1,560 and her annual real estate tax is $1,890, what is her combined monthly payment to her mortgage lender? Round each answer to the nearest cent before adding.

959.35
240.51
586.25
743.75

Janice pays $625.18 monthly on her mortgage. If her annual insurance premium is $2,420 and her annual real estate tax is $1,590, what is her combined monthly payment to her mortgage lender? Round each answer to the nearest cent before adding.

959.35
240.51
586.25
743.75

Tammy pays $590.36 monthly on her mortgage. If her annual insurance premium is $1,290 and her annual real estate tax is $2,460, what is her combined monthly payment to her mortgage lender? Round each answer to the nearest cent before adding.

959.35
902.86
586.25
743.75

Answer 1

Explanation:

$97,540 / 10% = 9754

123,670 / 20% = 24734

210,400 / 30% = 10520

159,000 / 50% = 79500

I have no clue what the other answers are, but I was able to answer most of them. Hope this helps!

Answer 2

1. If the home is worth $97,540 and your insurance covers 10 percent of other structures, the coverage amount is =
`0.10*97540=9754`

2. If the home is worth $123,670 and your insurance covers 20 percent of living expenses during repair,the coverage amount is =
`0.20*123670` = $24734

3. If the home is worth $210,400 and your insurance covers 5 percent, the coverage amount is =
`0.05*210400` = $10520

4. If Lauren's home is worth $159,000, and her insurance covers 50 percent , the coverage is =
`0.50*159000` = $79500

5. Joan pays $456.25 monthly on her mortgage. Her annual insurance premium is $1,560, so monthly is 1560/12 = $130 and her annual real estate tax is $1,890, so monthly is = 1890/12 = $157.50

Total becomes=
`456.25+130+157.50 =743.75`

6. Janice pays $625.18 monthly on her mortgage. If her annual insurance premium is $2,420, monthly is = 2420/12 = $201.66 and her annual real estate tax is $1,590 monthly is = 1590/12 = $132.50

Total becomes =
`625.18+201.66+132.50 =959.34`

7. Tammy pays $590.36 monthly on her mortgage. If her annual insurance premium is $1,290, monthly is = 1290/12 = $107.50 and her annual real estate tax is $2,460, monthly is = 2460/12 = $205

Total becomes=
`590.36+107.50+205=902.86`