Question

Patrick is a 19 year old with $780 annual base premium.

What does his policy cost if his rating factor is 3.00?

$57
$1,170
$2,340
$3,590

Answer 1

$2,340

Explanation:

Given

• His annual base premium is $780.
• His rating factor is 3.00.

The rating factor refers to those factor we use to determine the premium, so we have to multiply.

`\$780 * 3.00= \$2,340`

Therefore, the right answer is the third choice.

Answer 2

Answer: $2,340

Explanation:

$780 * 3.00= $2,340