Determine what paul will have to pay on an annual bases for his $449,000 home if his insurance company is charging him $0.41 per $100 of value in his home. a. $153.41 b. $220.76 c. $1,840.90 d. $2,649.10

Charge of insurance company is given as $0.41 per $100.

Now, 0.41 divided by 100 will give us charge per dollar:

So, for $449,000, Paul has to pay dollars.

Answer choice C is correct.

ANSWER: C

c. $1840.90

Step-by-step explanation:

We have been given that Paul's insurance company is charging him $0.41 per $100 of value in his home.

First of all, we will divide the value of Paul's home by 100.

Now we will multiply 4,490 by $0.41 to find the amount charged by insurance company.

Therefore, Paul will have to pay an amount of $1840.90 on annual bases for his home and option c is the correct choice.