Question

Janice has car insurance that she must pay four times a year. If each payment is $156, how much money should she set aside each month to cover her car insurance?A) $13B) $26C) $39D) $52

Answer 1

Given data:

The total amount of insurance is A=$156.

The amount of money set aside each month is,

n=A/12

=$156/12

=$13

Thus, the amount of money kept aside each month is $13.