THIS IS A VEHICLE FINANCE

Assignment 5.3: Insurance Costs (continued) 3. Brandi is a motorist living in Territory 3. She owns a 2010 Chrysler Sebring Limited retractable hardtop. She uses the vehicle for work and personal reasons. She currently has 2 merit points. a) Calculate her 2011 Autopac rate. (2 marks) b) If she obtains one more merit from safe driving this year, what will be her Autopac rate next year? Assume the rates stay the same and still use the 2011 Basic Rate Table. (1 mark)