Question

Mr. Thompson, a retiree, looks at his check register.

Answer 1

As given,

Weekly rent of Mr. Thomson is = $104.92

Part A: What is Mr. Thompson's yearly rent (using 52 weeks)?

Rent for 1 week = 104.92

Rent for 52 weeks = $104.92\times52$ = $5455.84

Part B: What was the average grocery expense in this time period?

Mr. Thomson purchased groceries on 2/18 for $33.45 and on 3/5 for $28.56

Hence average grocery expense is = $\frac{33.45+28.56}{2}$

= $31 per week or $62.01 per month

Part C: Mr. Thompson estimates his yearly expense for groceries to be:

The monthly expense for groceries is = $62.01

So yearly expense will be = $62.01\times12$ = $744.12