1.

Jason Smith pays monthly rent of $1,250 and an annual premium for renter's insurance of $185. He realizes that he has lost interest of $33 from paying the security deposit. What is Jason's total annual cost of renting?

2.

Jane Smith accidentally hit a utility pole. The cost to repair her car was $2,950, and she has a $500 collision deductible. How much will the insurance company be required to pay for the car repair?