Question

for the following situation, find the average monthly expense that you would use in budgeting for the given expense. note: annual means once a year, and semiannual means twice a year. in filing his income tax, raul reported annual contributions of $250 to a public radio station, $235 to a public tv station, $250 to a local food bank, and $297 to other charitable organizations. the average monthly expense is $ (round to the nearest cent as needed.)

Explanation:

Step1: Calculate total annual contributions

$250 + 235+250 + 297=1032$

Step2: Calculate average monthly expense

$\frac{1032}{12}=86$

Answer:

$86$