Answer Happy

Dave and Ellen are newly married and living in their first house The yearly premium on their homeowner's insurance policy is $200 for the coverage they need Their insurance company offers an annual discount of 8 percent if they install dead bolt locks on all exterior doors. The couple can also receive an annual discount of 4 percent if they install smoke detectors on each floor They have contacted a locksmith, who will provide and install dead boit locks on the two exterior doors for $68 each At the local hardware store smoke detectors cost $12 each, and the new house has two floors Dave and Ellen can install the smoke detectors themselves a. What discount will Dave and Ellen receive if they install the dead bolt locks? (Round your answer to 2 decimal places.) Annual discount for dead bolt locks b. What discount will Dave and Ellen receive if they install smoke detectors? Annual discount for smoke detectors