Answer:
Step-by-step explanation:
$97,540 / 10% = 9754
123,670 / 20% = 24734
210,400 / 30% = 10520
159,000 / 50% = 79500
I have no clue what the other answers are, but I was able to answer most of them. Hope this helps!
Answer:
1. If the home is worth $97,540 and your insurance covers 10 percent of other structures, the coverage amount is = [tex]0.10\times97540=9754[/tex]
2. If the home is worth $123,670 and your insurance covers 20 percent of living expenses during repair,the coverage amount is = [tex]0.20\times123670[/tex] = $24734
3. If the home is worth $210,400 and your insurance covers 5 percent, the coverage amount is = [tex]0.05\times210400[/tex] = $10520
4. If Lauren's home is worth $159,000, and her insurance covers 50 percent , the coverage is = [tex]0.50\times159000[/tex] = $79500
5. Joan pays $456.25 monthly on her mortgage. Her annual insurance premium is $1,560, so monthly is 1560/12 = $130 and her annual real estate tax is $1,890, so monthly is = 1890/12 = $157.50
Total becomes= [tex]456.25+130+157.50 =743.75[/tex]
6. Janice pays $625.18 monthly on her mortgage. If her annual insurance premium is $2,420, monthly is = 2420/12 = $201.66 and her annual real estate tax is $1,590 monthly is = 1590/12 = $132.50
Total becomes = [tex]625.18+201.66+132.50 =959.34[/tex]
7. Tammy pays $590.36 monthly on her mortgage. If her annual insurance premium is $1,290, monthly is = 1290/12 = $107.50 and her annual real estate tax is $2,460, monthly is = 2460/12 = $205
Total becomes= [tex]590.36+107.50+205=902.86[/tex]
