Ask Question
BusinessBusiness
14 September, 05:25

Cesar's annual homeowners insurance premium is $972.80. If his home is valued at $253,000, roughly how much is Cesar paying for homeowners insurance? a. $0.13 per $100 of value b. $0.19 per $100 of value c. $0.26 per $100 of value d. $0.38 per $100 of value

+5
Answers (2)
  1. 14 September, 05:45
    0
    d. $0.38 per $100 of value
  2. 14 September, 08:39
    0
    Since all the choices are in $100 breakdown already, we divide the $253,000 by $100 and this will give us 2530 units. Then, we divide the insurance premium by the number of parts so that each $100 value is costs:

    (972.00) / 253,000 = x / 100

    x from the equation 0.384

    Thus, Cesar is paying approximately $0.38/$100 of value, letter D.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Cesar's annual homeowners insurance premium is $972.80. If his home is valued at $253,000, roughly how much is Cesar paying for homeowners ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Consider Larry's decision to go to college. If he goes to college, he will spend a total of $120,000 on tuition, $30,000 on room and board, and $3,500 on books over four years.
Answers (1)
What is a trademark, and why might you register one?
Answers (2)
The Goodyear Tire Company is organized by regions: North America, Europe, Middle East and Africa, Latin America, and Asia Pacific. These divisions of Goodyear are called A. segments. B. strategic business units. C. metrics. D. portfolios. E.
Answers (1)
Presented below is information for Ivanhoe Co. for the month of January 2022. Cost of goods sold $221,000 Rent expense $33,500 Freight-out 9,700 Sales discounts 8,600 Insurance expense 14,600 Sales returns and allowances 20,000 Salaries and wages
Answers (1)
Private property Multiple Choice discourages innovation, as people are often afraid to risk losing their own property. discourages cooperation because people don't want to part with what they own.
Answers (1)
New Questions in Business
Which of the following groups has the responsibility for identifying and deciding the appropriate accounting treatment for recording or disclosing contingent liabilities? A) Auditors B) Legal counsel C) Management D) Management and the auditors
Answers (1)
The market for gasoline has changed in a couple significant ways over the last few years: new technologies have decreased the costs associated with producing gasoline, and automobiles are becoming more fuel efficient.
Answers (1)
The inaccuracy of the grapevine has more to do with the message output than with the input. a. True b. False
Answers (2)
What was the overall effectiveness of your chosen clean-up methods? estimate how much of the spill you were able to clean using the physical method and using the chemical method.
Answers (1)
Which two related lists should be added to the Opportunity page layout to track how Campaigns contribute to the overall pipeline? Choose 2 answersA. Open ActivitiesB. Campaign InfluenceC. Campaign MembersD. Contact Roles
Answers (1)
Home » Business » Cesar's annual homeowners insurance premium is $972.80. If his home is valued at $253,000, roughly how much is Cesar paying for homeowners insurance? a. $0.13 per $100 of value b. $0.19 per $100 of value c. $0.26 per $100 of value d. $0.
Sign Up Forgot Password?