The accident caused $3,000 worth of damage to your car. You have liability coverage of 60/125/45 which costs you $290 per year. The book value of your car is $2,500. The annual cost for collision coverage is $230 with a $1500 deductible. What is the cost per $1,000 of collision coverage? $275 $265 $290 $230 Question 5 5 pts Kendra wants to provide retirement income for her dependent parents for 23 years should she die. Kendra earns $67,500 and feels that her parents could live on 70% of that amount. If the insurance funds could be invested at 5.5%, how much life insurance does she purchase using the human human life value method? $823,947 $887,374 $1,029,500 $1,033,912