Question

Your car insurance comes due annually and generally costs about $1,500. You decide that you would like to set aside a monthly amount, beginning in January, to be prepared for when this bill comes at the end of the year. How much should you set aside each month?

Answer 1

Answer:

$125

Step-by-step explanation:

Since there are 12 months in a year, divide the total bill by the total number of months.

1500/12 = $125