Determine what Paul will have to pay on an annual bases for his $449,000 home if his insurance company is charging him $0.41 per $100 of value in his home.

The charge is $0.41 for every $100 of the home's value. Divide $449,000 by 100 to get 4,490, then multiply 4,490 × $0.41 = $1,840.90 per year, so the correct choice is $1,840.90.

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