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antoniya [11.8K]
3 years ago
5

Ann has to make payments twice a year on her health insurance. If each payment is $2,316, how much money should she budget for h

ealth insurance each month? Round to the nearest dollar.
Mathematics
2 answers:
trapecia [35]3 years ago
8 0
What are the choices?
QveST [7]3 years ago
8 0

Answer:  She should budget $386 each month.

Step-by-step explanation:

Given : Ann has to make payments twice a year on her health insurance.

Each payment =  $2,316

2 payments = 2 x ($2,316) = $ 4,632

i.e. Ana has to pay $ 4,632 each year on her health insurance.

Since , 1 year = 12 months

Then, the money she should budget for health insurance each month = (Money she has to pay in a year) ÷  (12)

=  $ 4,632 ÷  (12)

= $ 386

Hence , she should budget $386 each month.

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