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If you pay $340 for life insurance annually, how much will you budget for this each month? round to the nearest dollar.
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1 vote
If you pay $340 for life insurance annually, how much will you budget for this each month? round to the nearest dollar.

User Emmanuel Bernard
by
6.7k points

2 Answers

3 votes

Answer:

$28

Explanation:

User Assaf Hershko
by
6.4k points
4 votes
The equation is provided below:

$340 = amount paid annually
12 months = 1 year

$340 / 12 months = $28.3333

The correct answer for the budget each month will be $28.
User Tobias Willig
by
5.8k points
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