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After being involved in a car accident last month, Ralph’s insurance company has increased his annual premium by $105.38. Approximately what change will Ralph see on his future monthly statements as a result of the change? a. Ralph’s monthly insurance payment will not change. b. Ralph’s monthly insurance payment will increase by $8.78. c. Ralph’s monthly insurance payment will increase by $17.56. d. Ralph’s monthly insurance payment will increase $105.38. Please select the best answer from the choices provided A B C D

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pinkbrooklyn123

Answer:

B.  Ralph's monthly insurance payment will increase by $8.78.

His annual premium increases by $105.38. There are 12 months in a year. To find out the monthly change, we need to divide 105.38 by 12:

105.38/12 = 8.78.

Hope this helps! :)

JoseVega02

Answer:

B

Explanation:

took the test 2021

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