Consumer Math

posted by .

Your car insurance is paid quarterly( every 3 months). If your payment is $163.92, How much should your estimated monthly expense be?

A. $40.00
B. $55.00*
C. $110.00
D. $220.00

  • Consumer Math -

    Yes, B.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Finance Help! 3 questions

    Hi, i was wondering if someone could please help me with these 3 finance questions. it would be must appreciated 1. you receive payments of 1000 dollars every 8 montsh for the next 9 years. the first payment will occur 8 months from …
  2. math of investment

    An article cost $29885. To buy this article, a down payment of $3420 is needed.If interest charged is 16% compunded quarterly, how much should be paid at the end of every 3 months for 1 year in order to payoff the balance?
  3. consumer math

    Nikki borrowed $500 at 9% interest for 12 months under a monthly installment plan. She must pay $8.7453 per $100 each month for 12 months. How much is her monthly installment payment?
  4. math

    clarence has $20, 000 in the bank. He wants to create an investment to pay his $230 monthly car insurance payment for four years, with the first payment dude in one month. How much of his $20, 000 should he invest now at %8.25 per …
  5. math

    Robert recently was hired as a technician in a firm. He is being paid $1250 every two weeks. His monthly bills are Rent $900 Electricity $110 Car $350 Car insurance$60 Gas $90 Groceries$180 Credit Cards$250 How much will he have for …
  6. Business

    Robert recently was hired as a technician in the firm. He is being paid $1,250 every two weeks ( after taxes). His monthly bills are: Rent: $900 electricity: $110 car payment: $350 car insurance: $60 fuel for cars: $90 groceries: $180 …
  7. budgeting

    George's car insurance comes due every six months. What is the best way to budget for this expense?
  8. Math

    Connie wants to have an annuity payment of $2,000 at the END of every three months. How much should she deposit now at 6% interest, compounded quarterly, to yield this payment for 3 years?
  9. check my work

    The table below shows your expenses. Use the information in the table to answer questions 1­3. Expense Type Cost mortgage (monthly) $1,850.00 groceries (bi­weekly) $113.50 telephone (monthly) $96.80 credit card (monthly) $100.00 …
  10. math

    20. Expense Amount Mortgage (monthly) $985.64 Cell phone (monthly) $58.30 Groceries (twice a month) $154.00 Clothing (monthly with 25% jobrelated) $180.00 Water & electric (monthly) $128.40 Weekly dinner & movie $55.00 Property taxes …

More Similar Questions