In many cases, lenders allow homeowners to include their homeowners insurance premium with their monthly mortgage payment. tim’s home is worth $279,500. if his homeowners insurance premium is $0.33 per $100, how much is added to his monthly mortgage payment for insurance? a. $7.69 b. $76.86 c. $92.35 d. $922.35

The correct option will be:   d. $922.35

Step-by-step explanation:

Suppose, the amount of money added to his monthly mortgage payment for insurance is  

The homeowners insurance premium is $0.33 per $100. That means, if the home is worth $100, then the amount of insurance premium will be $0.33

Given that, Tim’s home is worth $279,500.

Now according to the ratio "insurance premium" and "value of home", the equation will be.......

So, $922.35 is added to his monthly mortgage payment for insurance.

answer: a.

step-by-step explanation: the answer is a. because, you need to converge the fractions to find a solution.

step-by-step explanation:

the true statements are:

r = set of real numbers

n = set of natural numbers, 1,2,

w = n u{0} = {0,1,}