6. 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-not the correct answer

B. $76.86

Step-by-step explanation:

Step 1: Insurance premium is $0.33 per $100.

Step 2: In 279500, there are 2795 hundreds of dollar.

Step 3: find the premium.

2795*0.33 = 922.35

This is premium per year.

Step 4: There are 12 months in a year.

Therefore, his month mortgage payment = 922/35 = $76.86

Thank you.

step-by-step explanation: 4 cause 2+2=4