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Thread: basic premium: $20; each add'l $1000 coverage @ $0.30; how much coverage for $95?

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    Talking basic premium: $20; each add'l $1000 coverage @ $0.30; how much coverage for $95?

    an insurance company charges a basic premium of $20 and an additional 30 cents for every $1000 of cover. if a man pays $95 premium, how much cover dose he have?

  2. #2
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    Quote Originally Posted by flowergirl1234 View Post
    an insurance company charges a basic premium of $20 and an additional 30 cents for every $1000 of cover. if a man pays $95 premium, how much cover dose he have?
    What are your thoughts?

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  3. #3
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    What if there were no "Basic Premium"? What would the cost be?
    "Unique Answers Don't Care How You Find Them." - Many may have said it, but I hear it most from me.

  4. #4
    Elite Member stapel's Avatar
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    Cool

    Quote Originally Posted by flowergirl1234 View Post
    [A]n insurance company charges a basic premium of $20 and an additional 30 cents for every $1000 of cover[age]. [I]f a man pays [a] $95 premium, how much cover[age] [does] he have?
    How much coverage is included in the "basic" policy?

    When you reply, please include a clear listing of your thoughts and efforts so far, so we can "see" where you're getting stuck. Thank you!

  5. #5
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    Quote Originally Posted by flowergirl1234 View Post
    an insurance company charges a basic premium of $20 and an additional 30 cents for every $1000 of cover. if a man pays $95 premium, how much cover dose he have?
    How many "30 cents" is there in 95-20=75 "dollars"?
    I'm just an imagination of your figment !

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