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  3. section c owning a car 1 the table below gives...

Question: section c owning a car 1 the table below gives...

Question details

Section C: Owning a Car

1            The table below gives the third party insurance premiums for the PRECAUTION insurance company.

 

Car make

Driver gender

Driver age

Town where vehicle is garaged

Place where car is kept

Third party property premium

Volkswagen

M

52

Lane Cove

garage

$310

Kia

F

34

Baulkham Hills

carport

$280

Toyota

F

29

Cronulla

on street

$320

Holden

M

19

Penrith

driveway

$332

 

 Calculate the third party insurance premium for the Toyota driver above who gets a 12% no claim discount but then pays an 8% surcharge on the decreased premium because she parks on the street.

 

 

2            Stamp duty on private vehicles is calculated at the rate of 3% of the purchase price up to $45 000 plus 5% for every dollar over $45 000.

 

a)   Copy and complete the table of values below showing purchase prices up to

$50 000.

 

Vehicle Value ($)

0

15 000

 

30 000

 

45 000

50 000

60 000

Stamp Duty ($)

 

 

 

 

 

 

 

b)  Use your completed table to construct a graph on the graph paper provided at the end of this assignment.

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