O $1,017.55

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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6. Jessa is 19 and is trying to determine the annual premium for her auto insurance. She finds that she will pay $223 for $50,000 in
property damage coverage, $44 for uninsured motorist coverage, $68 for comprehensive coverage, and $98 for collision coverage. The
youthful-operator factor is 2.35 because she has been through a driver training course. What is Jessa's annual premium?
O $914.15
O $1,017.55
O$909.30
O$433.00
Transcribed Image Text:6. Jessa is 19 and is trying to determine the annual premium for her auto insurance. She finds that she will pay $223 for $50,000 in property damage coverage, $44 for uninsured motorist coverage, $68 for comprehensive coverage, and $98 for collision coverage. The youthful-operator factor is 2.35 because she has been through a driver training course. What is Jessa's annual premium? O $914.15 O $1,017.55 O$909.30 O$433.00
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