We were given the following details:
Car registration = $90
Car Insurance (annual) = $520
Home Insurance = $1020
Since we are to calculate for the monthly amount to budget for Car Insurance, we have:
[tex]\begin{gathered} CarInsurance(monthly)=\frac{CarInsurance\mleft(annual\mright)}{No\mathrm{}of\mathrm{}months} \\ CarInsurance(monthly)=\frac{520}{12}43.33\approx43.00 \\ CarInsurance(monthly)=\text{\$}43.00 \end{gathered}[/tex]
herefore, the correct nanswer is A. ($43.00 per month)
