Anne purchased a car insurance policy which has an annual premium of $703.80. If she pays the annual premium in 12 equal monthly installments, what will be the amount of each monthly payment? Record your answer and fill in the bubbles on your answer document. Be sure to use the correct place valueAnne purchased a car insurance policy which has an annual premium of $703.80. If she pays the annual premium in 12 equal monthly installments, what will be the amount of each monthly payment? Record your answer and fill in the bubbles on your answer document. Be sure to use the correct place value.