Answer:
$22,500 worth of insurance would cost $164.70.
Step-by-step explanation:
Write and solve an equation of ratios:
$7.32 $1000
----------- = ---------------
x $22,500
Cross multiplying here yields:
1000x = 164700
Dividing both sides by 1000 yields:
x = 164700/1000 = $164.70
$22,500 worth of insurance would cost $164.70.
