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Marie has renters insurance that she must pay twice a year. If each payment is $96, how much money should she set aside each month to cover her renters insurance?

Marie has renters insurance that she must pay twice a year. If each payment is $96, how much money should she set aside each month to cover her renters insurance?
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Marie has renters insurance that she must pay twice a year. If each payment is $96, how much money should she set aside each month to cover her renters insurance?

User Hstdt
by
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2 Answers

3 votes
she should set aside $16 a month.
User TroyJ
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7.8k points
2 votes
$96(2 payments) = $192

$192/(12 months) = $16 per month (she should set aside)
User MikeBeaton
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7.7k points
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