Her annual premium is $1,763.70
Step-by-step explanation:
The given is:
- Molly Pierce's annual base premium is $1,175.80
- Her driver-rating factor is 1.5
We need to find her annual premium
The "annual premium" is calculated by multiplying the annual basic premium and the driving-rating factor
∵ Her annual base premium = $1,175.80
∵ Her driver-rating factor = 1.5
∵ Annual premium = annual base premium × driver-rating factor
- Substitute the values above in the the rule
∴ Annual premium = 1,175.80 × 1.5
∴ Annual premium = $1,763.70
Her annual premium is $1,763.70
Learn more:
You can learn more about the annual interest rate in brainly.com/question/3614284
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