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For ABC insurance the insurance premium is directly proportional to the value of the property.  John pays...

For ABC insurance the insurance premium is directly proportional to the value of the property.  John pays premiums of $76 per month on his property valued at $152,000. How much does Karen pay on her property valued at $259,000?

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Answer #1
Answer: $129.50
Calculation:
Karen's payment per month = 76*259000/152000 = $        129.50
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