Question

A family uses 12,986.64 Swiss francs per year to pay a mortgage that requires US dollars. Approximately how much, in US dollars, does the family spend per month on the mortgage?

1 US dollar = 0.9019 Swiss francs

1 Swiss franc = 1.11 US dollar

$975
$1,080
$1,200
$1,440

Answer 1

1 Swiss franc = 1.11 US dollar
So, 12986.64 Swiss francs US dollar US dollar.
That means, the family uses 14415.1704 US dollars per year to pay the mortgage.
Now, 1 year = 12 months
So, the amount of money, the family spends per month on the mortgage US dollar.

Answer 2

1,200

Explanation: