Suppose you have a bi-weekly mortgage payment of $657. If there are typically 4 weeks in a month, what do you need to do to estimate your monthly mortgage payment? (1 point) Responses Multiply it by 2, then round Multiply it by 2, then round Round it down to $650, then multiply by 2 Round it down to $650, then multiply by 2 Add it to other estimates just as it is Add it to other estimates just as it is Multiply it by 4, then round

1 answer

To estimate your monthly mortgage payment from your bi-weekly payment of $657, you should multiply it by 2 (since there are typically 2 bi-weekly payments in a month). Here are the steps:

  1. Multiply by 2: \( 657 \times 2 = 1314 \)
  2. Round (if required, but in this case, it’s a clean number).

So, the correct response is: Multiply it by 2, then round.