Asked by r

Rachel just purchased a homeowners insurance policy for her new home that costs $0.43 per $100. Her home is worth $387,500. What is Rachel’s annual homeowners insurance premium?
a.
$1,666.25
b.
$2,208.75
c.
$8,802.33
d.
$9,011.63


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
A

Calculation: (387,500 ÷ 100) × $0.43 = 3,875 × $0.43 = $1,666.25.