Question

Mr. Jones' car insurance is $160 every six months. Mrs. Jones drives a newer, more expensive car. Her insurance is $290 every six months.

How much should they budget for car insurance each month?
A. $75
B. $27
C. $38
D. $48

Answer 1

First, we need to calculate the total cost of car insurance for six months:

Mr. Jones' insurance = $160

Mrs. Jones' insurance = $290

Total insurance cost for six months = $160 + $290 = $450

To find the monthly cost, we divide the total cost by 6:

$450 ÷ 6 = $75

Therefore, the answer is A. $75. They should budget $75 per month for car insurance.