Charles and Jeri Worthman recorded their housing expenses for the month of May: $960.48 for the mortgage payment, $52.50 for
the insurance premium, $211.48 for real estate taxes, $74.52 for electricity, $43.76 for telephone service, and $39.31 for water.
What is their total monthly housing cost?
a. $1382.05
b. $1338.29
c. $1329.55
d. $960.48
To find the total monthly housing cost, we need to add up all the expenses:
$960.48 (mortgage payment) + $52.50 (insurance premium) + $211.48 (real estate taxes) + $74.52 (electricity) + $43.76 (telephone service) + $39.31 (water) = $1382.05
So the correct answer is: a. $1382.05