annual expenses for an individual are shown in the table. to prorate the annual costs into a monthly budget…

annual expenses for an individual are shown in the table. to prorate the annual costs into a monthly budget, how much money per month should be budgeted for car insurance?\n|annual expenses|\n|--|\n|car registration|$90.00|\n|car insurance|$520.00|\n|home insurance|$1020.00|\nround to the nearest cent.

annual expenses for an individual are shown in the table. to prorate the annual costs into a monthly budget, how much money per month should be budgeted for car insurance?\n|annual expenses|\n|--|\n|car registration|$90.00|\n|car insurance|$520.00|\n|home insurance|$1020.00|\nround to the nearest cent.

Answer

Explanation:

Step1: Identify annual car - insurance cost

The annual car - insurance cost is $520.

Step2: Divide annual cost by 12

To find the monthly budget, divide the annual cost by 12. The formula is $\frac{520}{12}$. $520\div12=\frac{520}{12}=\frac{130}{3}\approx43.33$

Answer:

$43.33$