Ralph is paid twice per month. His work offers a flexible-spending account to be used for medical expenses. This plan allows Ral
ph to put a specific amount of money from each check into a savings fund so that he can pay for big bills a little at a time. If his son Billy needs new glasses that will cost $1,200, how much should Ralph have taken out of each check so the glasses can be paid for by the end of the year, with nothing left over in the account? A.$50