SOLUTION: The insurance premium of a new bus is GHC 93.30 plus 15% of the insured value. What is the insurance premium of a bus whose insured value is GHC250?

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Question 1195892: The insurance premium of a new bus is GHC 93.30 plus 15% of the insured value.
What is the insurance premium of a bus whose insured value is GHC250?

Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
the insurance is 93.30 plus 15% of the insured value.
if the insured value is 250, then the insurance premium will be 93.30 + .15 * 250 = 130.8.