Asked by Emily Faith on Jun 28, 2024
Verified
Cherie pays her car insurance monthly.Her annual premium is $984.Each month she is charged a $2 convenience fee.If her annual premium is divided equally into twelve monthly payments,how much is her monthly insurance payment?
A) $94
B) $92
C) $84
D) $82
Annual Premium
The total cost paid per year for an insurance policy to remain in effect.
- Examine the mathematical relationships and formulas tied to costs involved in vehicle maintenance and usage.
Verified Answer
RK
Rubab KhalidJul 01, 2024
Final Answer :
C
Explanation :
Her annual premium of $984 divided by 12 months equals $82. Adding the $2 convenience fee makes the total monthly payment $84.
Learning Objectives
- Examine the mathematical relationships and formulas tied to costs involved in vehicle maintenance and usage.