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1. Freddy pays $840 per year in insurance.
How much should he budget monthly for it?

$70 (My answer)
$92
$140
$142

Sandra budgets $580 each month for living expenses. She nets $1640 semimonthly. What percent of her net monthly income does she budget for living expenses?
35% (my answer)
24%
18%
16%


Each month Madison budgets $624 for fixed expenses, $520 for living expenses, and $40 for annual expenses her annual net income is $26556. Which statement best describes her monthly budget?
A. It shows a deficit of $1029
B. it shows a surplus of $1029 (My answer)
C. it shows a surplus of $2069
D. it is balanced

Each month Michael budgets $1200 for fixed expenses $550 for living expenses and $100 for annual expenses his biweekly net income is $864. Which statement best describes his monthly budget?
A. it shows a surplus of $22
B. it shows a deficit of $22 (My answer)
C. it shows a surplus of $122
D. it is balanced

The equation y= 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the United States from birth to 17 years, given the households annual income, x. Approximately how much would it cost to raise a child from birth to 17 years in a household with an annual income of $64,000?
A. $209,619
B. $186,302
C. $164,219 (My Answer)
D. $99,200