Brian pays £275.23 a year on his car insurance. The insurance company increases the price by 2.6%. How much does the insurance cost now? round you answer to 2 d.p
Accepted Solution
A:
Answer:£282.39 Step-by-step explanation:Step 1 Year 1 = £275.23 a yearYear 2 = £275.23 a year + an increase of 2.6% of the original costStep 22.6% converted to a decimal number is 0.026Find the increase = £275.23 * 0.026 = 7.15598 Step 3 7.15598 rounded to two decimal places is £7.16Step 4Add the increase to the original price£275.23 + £7.16 = £282.39 Answer = £282.39