13. Sergei and Anya own a three-bedroom bungalow. They make weekly mortgage payments of $217.98. They make quarterly payments for property taxes of $1257. They have a bank account set up for home repairs into which they put in $275 each month. The average total monthly bill for water, home insurance, cable television, and telephone is $449. What are the total annual expenses associated with the house to the nearest hundred dollars? $25 000 b. $25 100 a. $26 000 d. $26 100 с.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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13. Sergei and Anya own a three-bedroom bungalow. They make weekly mortgage payments of $217.98. They
make quarterly payments for property taxes of $1257. They have a bank account set up for home repairs into
which they put in $275 each month. The average total monthly bill for water, home insurance, cable
television, and telephone is $449. What are the total annual expenses associated with the house to the nearest
hundred dollars?
a. $25 000
b. $25 100
c. $26 000
d. $26 100
Transcribed Image Text:13. Sergei and Anya own a three-bedroom bungalow. They make weekly mortgage payments of $217.98. They make quarterly payments for property taxes of $1257. They have a bank account set up for home repairs into which they put in $275 each month. The average total monthly bill for water, home insurance, cable television, and telephone is $449. What are the total annual expenses associated with the house to the nearest hundred dollars? a. $25 000 b. $25 100 c. $26 000 d. $26 100
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