To calculate the amount you would save by choosing to pay in full with a 20% discount on the $1,200 home insurance plan, you can follow these steps:
1. Determine the discount amount by multiplying the original price by the discount percentage:
Discount amount = Original price x Discount percentage
Discount amount = $1,200 x 20%
2. Calculate the discount amount:
Discount amount = $1,200 x 0.20
Discount amount = $240
Therefore, if you chose to pay in full with a 20% discount, you would save $240.