Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
To determine Cindy's new annual premium including the good driver discount, let's go through the step-by-step calculation:
1. Calculate the total original premium costs:
- Bodily Injury premium: \[tex]$31.75 - Property Damage premium: \$[/tex]120.50
- Collision premium: \[tex]$275.75 - Comprehensive premium: \$[/tex]100.00
Adding these amounts together:
[tex]\[ \text{Total Premium} = 31.75 + 120.50 + 275.75 + 100.00 = 528.00 \][/tex]
2. Determine the discount amount:
- The discount rate is 4.5%, or 0.045 in decimal form.
Calculate the discount amount by multiplying the total premium by the discount rate:
[tex]\[ \text{Discount Amount} = 528.00 \times 0.045 = 23.76 \][/tex]
3. Calculate the new premium after applying the discount:
Subtract the discount amount from the total premium:
[tex]\[ \text{New Premium} = 528.00 - 23.76 = 504.24 \][/tex]
Thus, Cindy's new annual premium after applying the discount is:
[tex]\[ \boxed{504.24} \][/tex]
So, the correct answer is:
a. [tex]$\$[/tex]504.24$
1. Calculate the total original premium costs:
- Bodily Injury premium: \[tex]$31.75 - Property Damage premium: \$[/tex]120.50
- Collision premium: \[tex]$275.75 - Comprehensive premium: \$[/tex]100.00
Adding these amounts together:
[tex]\[ \text{Total Premium} = 31.75 + 120.50 + 275.75 + 100.00 = 528.00 \][/tex]
2. Determine the discount amount:
- The discount rate is 4.5%, or 0.045 in decimal form.
Calculate the discount amount by multiplying the total premium by the discount rate:
[tex]\[ \text{Discount Amount} = 528.00 \times 0.045 = 23.76 \][/tex]
3. Calculate the new premium after applying the discount:
Subtract the discount amount from the total premium:
[tex]\[ \text{New Premium} = 528.00 - 23.76 = 504.24 \][/tex]
Thus, Cindy's new annual premium after applying the discount is:
[tex]\[ \boxed{504.24} \][/tex]
So, the correct answer is:
a. [tex]$\$[/tex]504.24$
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.