After Ruth drops her collusion insurance, her annual premium will be:
Premium=960−170.6\text{Premium}=960-170.6Premium=960−170.6
Annual Premium=745.4\text{Annual Premium}= 745.4Annual Premium=745.4
The premium that paid quarterly are:
Quaterly payments=Annual premiums4\text{Quaterly payments}=\dfrac{\text{Annual premiums}}{4}Quaterly payments=4Annual premiums
Quaterly payments=745.64=186.4\text{Quaterly payments}=\dfrac{745.6}{4}=186.4Quaterly payments=4745.6=186.4
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