Question

Sarah pays $48.00 each month to keep her house insured. If her house is valued at $223,050, about how much is Sarah paying per $100 in homeowners insurance annually? a. $0.13 b. $0.26 c. $1.55 d. $3.09

Answer 1

The answer is B, $0.26

Explanation:

$48 * 12 =$576

- 12 months in a year

$223,050 / $100 =$2230.50

$576 / $2230.50 =$0.26