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For the first part, in the question, it is given that , Joey pays $672 per year in insurance .
And 1 year = 12 months.
It means, Joey pays $672 for 12 months in insurance .
So his monthly budget should be
Correct option is C .
In the second part, it is given that, The equation y = 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the united states from birth to 17 years, given the household's annual income, x .
So when annual income ,x, is 54000, we will get