Stephanie has a homeowners insurance policy for her $355,000 home with an annual premium of $0.42 per $100 of value and a deductible of $500. under this policy, in the event of a major mishap, stephanie would have a total annual out-of-pocket expense of [($355,000/100) x $0.42] + $500 = $1,991

stephanie would like to lower her premium by increasing her deductible. if stephanie wants to increase her deductible to $1000, what annual premium would result in an annual out-of-pocket expense that is about the same as her current plan?
a. $0.16 per $100 of value
b. $0.28 per $100 of value
c. $0.35 per $100 of value
d. $0.46 per $100 of value\

$0.28 per 100 of value (B)

Step-by-step explanation:

Stephanie has a homeowner insurance policy of $355,000

Annual premium = $0.42 per 100

There is a deductible of $500

Stephanie has an annual out of pocket expense of

[($355,000/100) x $0.42] + $500 = $1,991

From the question, Stephanie now wants a new deductible amount of 1000.

Let X be the new annual premium

[(355,000X) / 100] + 1000 = 1991

3550X + 1000 = 1991

3550X = 1991 -1000

3550X = 991

X = 991/3550

X = 0.2791

X = 0.28 ( approximately)

The new annual premium is $0.28 per 100 of value

b.

$0.28 per $100 of value

Step-by-step explanation:

your answer is a

step-by-step explanation:

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the sum of the lengths of any two sides of a triangle is greater than the length of the third side. if you take the three sides of a triangle and add them in pairs, the sum is greater than (not equal to) the third side. if that is not true, then it is not possible to construct a triangle with the given side lengths.

step-by-step explanation: