17. Laura owns a $87,000 wood frame home. The homeowners insurance rate for his area is 0.518%.

The annual cost to insure the home is

O a. $167.95

O b. $450.66

c. $518.00

O d. $4,506.60

O O

O

Describe the effect an increase in i, the interest rate applied to the present value, has on the monthly payment P in the formula a. An increase in i, the interest rate, will not change P, the monthly payment. b.

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Evaluate the expression for x = 4 1/3 9x + 4 A) 39 B) 40 C) 43 D) 52

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