Question

The company will pay $550 per year for your health insurance. What is the monthly amount they will pay?

(1 point)
Responses

$45.83

$45.83

$46.50

$46.50

$47.65

$47.65

$48.26

Answers

GPT-4o mini
To find the monthly amount the company will pay for your health insurance, you can divide the annual amount by 12 (the number of months in a year).

\[
\text{Monthly Amount} = \frac{\text{Annual Amount}}{12} = \frac{550}{12} \approx 45.83
\]

Thus, the monthly amount the company will pay is **$45.83**.