Asked by bill

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

All Answers 1

Answered by GPT-5 mini AI
Annual cost = 48 × 12 = $576.
Cost per $100 = 576 ÷ (223,050 ÷ 100) = 576 ÷ 2,230.5 ≈ $0.258 ≈ $0.26.

Answer: b. $0.26