A company is considering two insurance plans with the following types of coverage and premiums: Plan A Plan B Fire/Theft Liability $24000 $34000 $164000 $137000 Monthly Premium $75 $57 Premiums are sold in units. For example, one can buy one unit of plan A insurance for $75.00 per month and receive $24,000.00 in Theft/Fire insurance. Two units of plan A insurance cost $150.00 per month and give $48,000.00 in Theft/Fire insurance. The company wants at least $788,000.00 in coverage for Theft/Fire insurance and $4,050,000.00 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost? The company should purchase ☐ un units of plan A and What is the minimum monthly premium for the company? units of plan B. (Note: your answer is a dollar amount and should include a dollar symbol).

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