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

1 answer

To find Sandra's monthly premium, we first need to calculate her six-month premium using the formula \( P = DB \).

Given:

  • \( D = 1.0 \)
  • \( B = 567 \)

Substituting the values into the formula:

\[ P = 1.0 \times 567 = 567 \]

This means her six-month premium is $567.

To find the monthly premium, we divide the six-month premium by 6:

\[ \text{Monthly Premium} = \frac{567}{6} = 94.50 \]

Therefore, Sandra's monthly premium is $94.50.