Question 7 of 13 • TX-Mathematical Models with Applications B-CR
Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of his premium rate because of his job. If Joshua wants a policy that will replace five years of his salary, what is the annual premium for the cheapest policy? a. $1,107 b. $1,328 c. $5,537 d. $6,644 Please select the best answer from the choices provided