W's cost for coverage is $5 per thousand. W applies for $100,000 of coverage. What is the total annual premium for W's coverage

Respuesta :

Answer:

$500

Explanation:

Coverage cost per $5 is 1000

coverage per $ 1 = 1000/5

                           =200

For $100,000, W will pay; $100,000/200

                         =$500