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Your auto insurance is $900 per quarter. What should you use as the monthly average? The auto insurance is a fixed expense, but we need to convert to monthly:
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Your auto insurance is $900 per quarter. What should you use as the monthly average? The auto insurance is a fixed expense, but we need to convert to monthly:

User X Zhang
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1 Answer

3 votes

Answer:

$225

Explanation:

A quarter is made up of 4 months,

If auto insurance is $900 per quarter, the monthly expense would be $900 / 4 = $225

User HumanWrites
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