Answer: Jessica's average clothing budget for the first six months of 2001 was $102.
Explanation: To calculate the average amount of money that Jessica's budget allowed for clothing in the first six months of 2001, we first need to find her monthly budget.
We can do this by dividing her annual salary by 12 (the number of months in a year):
$48,960 / 12 = $4,080 per month
Next, we need to find her clothing budget for one month. We're told that her clothing budget is 5% of her monthly budget, so we can calculate this as follows:
5% of $4,080 = (5/100) x $4,080 = $204
Therefore, Jessica's clothing budget for one month is $204.To find her average clothing budget for the first six months of 2001, we simply need to multiply her monthly clothing budget by the number of months (i.e., 6):
$204 x 6 = $1,224
Finally, we divide this total by the number of months to find the average: $1,224 / 6 = $102