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

Question

4 years ago

5

ealth insurance each month? Round to the nearest dollar.

2 answers:

trapecia [35] · Answer 1 · 2022-01-08T07:17:13+03:00

8 0

What are the choices?

QveST [7] · Answer 2 · 2022-01-08T08:25:08+03:00

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.