Register
Michelle just purchased a homeowner's insurance policy for her new home that costs $0.37 per 5100. Her home is worth $418,700. What is Michelle's annual homeowner's insurance premium? Show work
217k views
5 votes
Michelle just purchased a homeowner's insurance policy for her new home that costs $0.37 per 5100. Her home is

worth $418,700. What is Michelle's annual homeowner's insurance premium? Show work

User DDM
by
7.3k points

1 Answer

1 vote
Based on your other question, I’m going to assume this is 0.37 per $100, not 5,100.

418,700/100 = 4187 (how many groups of $100 the house is worth)
4187 x 0.37 = $1549.19 is her insurance premium
User Arsman Ahmad
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.2m questions

10.9m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!