A local insurance agent visits the high school and tells the students that his insurance company will
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A local insurance agent visits the high school and tells the students that his insurance company will give them a 10% discount on liability insurance, PIP, comprehensive insurance, and collision insurance for 3 years if they take a defensive driving course. Maria spends $1,276 on her auto insurance annually.
a. If she takes the defensive driving course, how much will she save in a 3-year period?
b. Maria’s defensive driving course costs $55. Does she save enough in 1 year to pay for the course?
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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