Marc currently pays x dollars per year for auto insurance. Next year, his rates are going to
Question:
Marc currently pays x dollars per year for auto insurance. Next year, his rates are going to increase 15%. If he completes a defensive driving course, the insurance company will lower his rate by d dollars.
a. Express his annual premium for next year algebraically if he completes the course.
b. Express his semi-annual premium for next year algebraically if he does not complete the course.
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Solution a 15x 2 5 x 10 2 b 2 15 2 5 2 10 2 c 15x 5 2 152 10 As you ca...View the full answer
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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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