Alma wants to budget for her upcoming renter's insurance renewal, which will cost

$
250
$250dollar sign, 250. To do this, she plans to save equal amounts each month for the next
5
5 months.
How much will Alma need to save each month?

1 answer

To find out how much Alma needs to save each month, we need to divide the total cost of the renter's insurance renewal by the number of months she plans to save.

250 / 5 = $<<250/5=50>>50

Alma will need to save $50 each month.