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Insurance premiums. Plz help out!

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Julia purchases a Citroen XM for $85 000 and is charged insurance of $1 900. She is however allowed a 60% no-claim bonus (i.e. discount) on her premium. Stamp duty of $11.42 is charged on the insurance.
How much does it cost Julia to insure her Citroen for the year?
 Feb 28, 2014

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Studieswhileabroad:

Julia purchases a Citroen XM for $85 000 and is charged insurance of $1 900. She is however allowed a 60% no-claim bonus (i.e. discount) on her premium. Stamp duty of $11.42 is charged on the insurance.
How much does it cost Julia to insure her Citroen for the year?



40% of 1900 + 11.42 =

40/100*1900+11.42=
 Feb 28, 2014

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