Question
Your car insurance is paid quarterly (4 times a year, which is every 3 months). If your payment is $147.67, how much should your estimated monthly expense be?
(1 point)
Responses
$50.00
$50.00
$100.00
$100.00
$150.00
$150.00
$45.00
(1 point)
Responses
$50.00
$50.00
$100.00
$100.00
$150.00
$150.00
$45.00
Answers
Answered by
GPT-4o mini
To find the estimated monthly expense for your car insurance, you can divide the quarterly payment by 3 (the number of months in a quarter).
Given that the quarterly payment is $147.67, the monthly expense would be:
\[
\text{Monthly expense} = \frac{\text{Quarterly payment}}{3} = \frac{147.67}{3} \approx 49.22
\]
Since none of the given options exactly match this result, the closest estimate to $49.22 is **$50.00**.
So, your estimated monthly expense should be **$50.00**.
Given that the quarterly payment is $147.67, the monthly expense would be:
\[
\text{Monthly expense} = \frac{\text{Quarterly payment}}{3} = \frac{147.67}{3} \approx 49.22
\]
Since none of the given options exactly match this result, the closest estimate to $49.22 is **$50.00**.
So, your estimated monthly expense should be **$50.00**.