Amber Zahner's insurance company, the Rentin Group, charges $468 a year for $118,000 insurance coverage on her home. The Union Street Insurance Company quoted Amber a rate of $0.41 per $100 for the same coverage. a. What will be the annual premium for insurance from Union Street? b. By taking the less expensive policy, how much will Amber save a year?

Answer rating: 100% (QA)

a To calculate the annual premium for insurance from Union Street Insurance Company ... View the full answer