document.write( "Question 436208: An insurance company charges a basic premium of $ 20 and an additional 30 cents for every $ 1,000 of cover. If a man pays $ 95 premium, how much cover does he have? \n" ); document.write( "
Algebra.Com's Answer #301796 by rwm(914)![]() ![]() ![]() You can put this solution on YOUR website! p=20+.30*(c/1000) \n" ); document.write( "working backwards\r \n" ); document.write( "\n" ); document.write( "c/1000 is the amount of coverage (c) divided by 1000 which would be how many 1000 of coverage the guy has. \n" ); document.write( "he pays 30 cents for each 1000 dollar of coverage. so we multiply the last amount in coverage by .30 \n" ); document.write( "no matter how much coverage he has he has to pay an extra 20\r \n" ); document.write( "\n" ); document.write( "We are told his premium is 95 so we set it all equal to 95\r \n" ); document.write( "\n" ); document.write( "95=20+.30*(c/1000)\r \n" ); document.write( "\n" ); document.write( "solve for c \n" ); document.write( "c=250,000 \n" ); document.write( " |