Stephanie has a homeowners insurance policy for her $355,000 home with an annual premium of $0.42 per $100 of value and a deductible of $500. under this policy, in the event of a major mishap, stephanie would have a total annual out-of-pocket expense of [($355,000/100) x $0.42] + $500 = $1,991 stephanie would like to lower her premium by increasing her deductible. if stephanie wants to increase her deductible to $1000, what annual premium would result in an annual out-of-pocket expense that is about the same as her current plan? a. $0.16 per $100 of value b. $0.28 per $100 of value c. $0.35 per $100 of value d. $0.46 per $100 of value\ answer is b ($0.28 per $100 of value) on e2020