# 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
car payment (monthly) \$389.45
car insurance (every 6 months) \$499.98
health insurance (bi­weekly) \$80.16
1. What is a good estimate for your monthly expenses on groceries? (1 point)
\$56.75
\$227.00
\$113.50
\$193.60
2. What is a good estimate for your monthly expenses on your car insurance? (1 point)
\$499.98
\$249.99
\$83.33
\$999.96
3. How much should you budget for your total monthly expenses? (1 point)
\$2,906.90
\$2,826.74
\$3,129.89
\$3,073.56
4. Your car insurance is paid quarterly (4 times a year, which is every 3 months). If your payment
is \$147.67, how much should your estimated monthly expense be?
(1 point)
\$50.00
\$100.00
\$150.00
\$45.00

1.B
2.C
3.A
4.A

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3. 👁

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👤
Ms. Sue
2. YES 1. = \$227.00
YES 2. = \$499.98/6 = \$83.33
Try again 3. = \$3,129.89
*4. = \$50 *(The amount of \$49.22 should be rounded to \$50 in an estimate. If you carry the decimals at the end it makes it seem as though your figure was exact when it was not.)

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3. Oh, hi Ms Sue. This is Claire's g'ma again. I am not using her name. I decided that I should use her name when I write her questions only. Anyway. I will check my math above. ??

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4. 3. How much should you budget for your total monthly expenses? (1 point)
\$2,906.90
OOPS!

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5. b
c
a
a
is correct. I just took this test :)

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6. B C A A thank you

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7. B C C A

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8. The Riddle Family has a total monthly budget of \$3,400. If the utilities represent 15% of the budget, then how much money is the Riddle Family spending on utilities each month?

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