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Question: (1 point) A company is considering two insurance plans with the following types of coverage and p...

(1 point) A company is considering two insurance plans with the following types of coverage and premiums:

Plan A Plan B
Fire/Theft $2200022000 $3300033000
Liability $154000154000 $138000138000
Monthly Premium $7070 $5858

Premiums are sold in units. For example, one can buy one unit of plan A insurance for $70.00$70.00 per month and receive $22,000.00$22,000.00 in Theft/Fire insurance. Two units of plan A insurance cost $140.00$140.00 per month and give $44,000.00$44,000.00 in Theft/Fire insurance. The company wants at least $572,000.00$572,000.00 in coverage for Theft/Fire insurance and $3,074,000.00$3,074,000.00 in coverage for liability insurance.

How many units of each plan should be purchased to meet the needs of the company while minimizing cost?  
The company should purchase

_____ Units of plan A and ________  units of plan B.

What is the minimum monthly premium for the company?

_________

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