Question

The company will pay $550 per year for your health insurance. What is the monthly amount they will pay?

Answer 1

Answer:

A. $45.83

Step-by-step explanation:

This problem can be solved by a simple rule of three.

Each year has 12 months. The company will pay $550 per year for your health insurance. This means that in 12 months, the company will pay $550.

What is the monthly amount they will pay?

This is how much they are going to pay in one month. So:

1 month - $x

12 months - $550

$12x = 550$

$x = \frac{550}{12}$

$x = 45.83$

So the correct answer is:

A. $45.83