Annual expenses are shown in the table. To prorate the annual costs into a monthly budget, how much money per month should be budgeted for home insurance?

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
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About You - You
X
Functions/Interface/acellus_engine.html?ClassID=574552754
Annual Expenses
Car Registration
Car Insurance
Home Insurance
$96.00
$600.00
$1200.00
A. $158.00 per month
C. $1896.00 per month
003-2023 International Academy of Science. All Rights Reserved.
Annual expenses are shown
in the table. To prorate the
annual costs into a monthly
budget, how much money
per month should be
budgeted for home
insurance?
B. $100.00 per month
D. $1200.00 per month
A
Transcribed Image Text:About You - You X Functions/Interface/acellus_engine.html?ClassID=574552754 Annual Expenses Car Registration Car Insurance Home Insurance $96.00 $600.00 $1200.00 A. $158.00 per month C. $1896.00 per month 003-2023 International Academy of Science. All Rights Reserved. Annual expenses are shown in the table. To prorate the annual costs into a monthly budget, how much money per month should be budgeted for home insurance? B. $100.00 per month D. $1200.00 per month A
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