Question

Rad makes six payments a year of $175.50 for his auto insurance. How much must he budget weekly to cover this fixed expense?
a. $20.25
b. $43.88
c. $1,053
d. $87.75


Rod makes six payments a year of $150 for his auto insurance. How much must he budget weekly to cover this fixed expense?
a. $37.50
b. $75
c. $900
d. $17.31

Answer 1

175.5 * 6 = 1,053

1053 / 52 = _________ weekly

I'll be glad to check your answer for the second problem.

Answer 2

$175.50*6=$1053
52/1053=$20.25

Answer: $20.25 (A)

$150*6=$900
52/$900=$17.31

Answer:$17.31 (D)

Answer 3

Yes - but it's 900/52.

Your answer is correct.