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?
much must he budget weekly to cover this fixed expense?
Answers
GPT 3.5
To find out how much Rad must budget weekly, we first need to calculate how much he pays in total for his auto insurance per year:
6 payments/year * $175.50/payment = $1053/year
Next, we need to determine how much he needs to budget weekly to cover this expense:
$1053/year / 52 weeks/year = $20.25/week
Therefore, Rad must budget $20.25 weekly to cover the fixed expense of his auto insurance.
6 payments/year * $175.50/payment = $1053/year
Next, we need to determine how much he needs to budget weekly to cover this expense:
$1053/year / 52 weeks/year = $20.25/week
Therefore, Rad must budget $20.25 weekly to cover the fixed expense of his auto insurance.