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Driver Cooper Has a Poor Driving Record and Pays Double

Question 14

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Driver Cooper has a poor driving record and pays double the usual premium as a high-risk driver. The regular premium would be $510 for a year. If Cooper must pay the high-risk premium every year for 5 years, how much more will Cooper pay for insurance premiums than a low-risk driver receiving a 10% discount over the same 5-year period?

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