Answer:
B) 32.50
Step-by-step explanation:
First you need to figure out what information you need, as this is two parts
- 31 year old
- nonsmoker male
- 100,000
2.
- 30 year old
- nonsmoker female
- 75,000
Using only the first two parts, we can figure out where their premium would be at 25,000
1 would be 25,000:5.50
2 would be 25,000:3.50
but you do not need what their premium would be at 25,000, so you need to multiply. to get 10,000 from 25,000, you need to multiply both sides by four. To get 75,000 from 25,000, you need to multiply both sides by 3.
- 25,000:5.50=100,000:22
- 25,000:3.50=75,000:10.50
so you get 22 and 10.50
add them and you get 32.50
I hope this helped.
