Assume the following two Test Grade Insurance policies are available in the marketplace:

Policy A Deductible Level: 20 points Policy Limit: 10 points

Premium structure:

if a students average test score was greater than or equal to 90 - 1 point 80-89.9 - 2 points 70-79.9 - 5 points 60-69.9 - 9.5 points

Policy B Deductible Level: 30 points Policy Limit: 15 points

Premium structure:

if a students average test score was greater than or equal to 90 - 1 point 80-89.9 - 1.8 points 70-79.9 - 2.5 points 60-69.9 - 7 points

< 60 - 11 points

3.) Assume Mary has accumulated a total of 500 points prior to taking the test. Further assume Marys average test score is 75 and she purchased Grade Insurance Policy A.

A.) After purchasing the Grade Insurance Policy A, Marys new total cumulative points before taking the test will become (circle one)

470 480 490 495 497.5

B.) What would Marys new test score be with insurance if she were to score 72 on the test? (circle one)

67 72 77 80 82

C.) What would Marys new test score be with insurance if she were to score 90 on the test?? (circle one)

90 92 95 98 100

D.) What would Marys new test score be with insurance if she were to score 60 on the test ? (circle one)

50 60 65 70 80