6
QuizMultiple Choice

Home Ownership — Test

Question 6 • Financial Algebra/Mathematics

Which correctly compares Policy A and Policy B in terms of cost-effectiveness?

Answer
A
Neither policy is cost-effective due to their high premiums compared to their coverages.
B
Policy B is more cost-effective despite its higher deductible because of the lower premium.
C
Policy A and Policy B are equally cost-effective because the lower premium of Policy B balances its higher deductible.
D
Policy A is more cost-effective due to its lower deductible.
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