Essay
Benjamin currently pays $1,080 for his annual car insurance premium.He is in the Marines and will be deployed for the next 9 months.Since his car will be used much less,there is less risk for the insurance company and it offers him a 66% discount for his annual premium while on deployment.What is the amount he must save each month while on deployment to be able to pay for the discounted premium? When Benjamin returns,his premium will revert to the amount prior to deployment.What will his total premium for the year be?
Correct Answer:
Verified
Correct Answer:
Verified
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