1. Max is shopping for commercial auto insurance for the company vehicle. He is provided two quotes: $2200 for a 12-month policy or $925 for a 6-month policy. What is the first step in determining which policy is cheaper? OCalculate monthly payments for each policy and compare to see which is less ODetermine if the policies offer the same amount of coverage OFind out if payments are lump-sum or monthly OMultiply $925 times 2 and see if it is less than $2200