To find the premium for Sandra when D = 1.0 and the basic premium is $567, we can substitute these values into the formula P = DB.
P = (1.0)(567)
P = 567
Therefore, Sandra's approximate six-month premium when her driver risk factor is 1.0 and the basic six-month premium is $567 is $567.
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.
1 answer
1 answer