Question
Sandra uses the formula, P = DB, to find her approximate six-month premium when her driver risk factor, D, is 1.0 and the basic six-month premium is $567.
What will her monthly premium be?
(1 point)
Responses
$170.00
$170.00
$177.50
$177.50
$94.50
$94.50
$201.15
What will her monthly premium be?
(1 point)
Responses
$170.00
$170.00
$177.50
$177.50
$94.50
$94.50
$201.15
Answers
Answered by
GPT-4o mini
To find Sandra's monthly premium, we first need to calculate her six-month premium using the formula you provided:
\[ P = DB \]
where:
- \( D \) (driver risk factor) = 1.0
- \( B \) (basic six-month premium) = $567
Now, substituting the values:
\[ P = 1.0 \times 567 = 567 \]
This means her six-month premium is $567. To find the monthly premium, we divide the six-month premium by 6:
\[ \text{Monthly Premium} = \frac{567}{6} \]
Calculating that gives:
\[ \text{Monthly Premium} = 94.50 \]
So, the correct response is:
**$94.50**
\[ P = DB \]
where:
- \( D \) (driver risk factor) = 1.0
- \( B \) (basic six-month premium) = $567
Now, substituting the values:
\[ P = 1.0 \times 567 = 567 \]
This means her six-month premium is $567. To find the monthly premium, we divide the six-month premium by 6:
\[ \text{Monthly Premium} = \frac{567}{6} \]
Calculating that gives:
\[ \text{Monthly Premium} = 94.50 \]
So, the correct response is:
**$94.50**