for the past 16 months, susie has been paying $126.50 each month to her insurance company. after causing an…

for the past 16 months, susie has been paying $126.50 each month to her insurance company. after causing an accident last month, her insurance company notified her that her monthly payment will be increased by $21.25. what increase in her annual premium did susies insurance company apply as a result of the accident? a. $21.25 b. $125.60 c. $147.75 d. $255.00 please select the best answer from the choices provided

for the past 16 months, susie has been paying $126.50 each month to her insurance company. after causing an accident last month, her insurance company notified her that her monthly payment will be increased by $21.25. what increase in her annual premium did susies insurance company apply as a result of the accident? a. $21.25 b. $125.60 c. $147.75 d. $255.00 please select the best answer from the choices provided

Answer

Explanation:

Step1: Identify the monthly increase

The monthly increase in premium is $21.25.

Step2: Calculate the annual increase

Since there are 12 months in a year, we multiply the monthly increase by 12. So the annual increase is $21.25\times12$. $21.25\times12 = 255$

Answer:

D. $255.00