Dan pays £714.73 a year on his car insurance the insurance company reduces the price by 4.1%
how much does the insurance cost now?
give your answer rounded to 2DP

The Current Insurance cost = $685.43

Step-by-step explanation:

Given that Dan pays £714.73 a year on his car insurance.

Reduced Percentage = 4.1%

so

Reduced Amount =  4.1% × 714.73

                             = [4.1 / 100] × [714.73]

                             = 0.041 × 714.73

                             = $29.30

The current cost can be calculated by subtracting the reduced amount of 29.30 from 714.73.

so

Current Insurance cost = 714.73 - 29.30

                                       = $685.43

Therefore, the Current Insurance cost = $685.43

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