Question

calculating annual premium from monthly payments
abby is considering a home insurance policy that has a monthly premium of $148 that she will pay annually.
how much will her annual premium be?
$148 $1,800 $1,776 $12.33

Explanation:

Step1: Identify the number of months in a year

There are 12 months in a year.

Step2: Calculate the annual premium

To find the annual premium, multiply the monthly premium by 12. The monthly premium is $148, so the calculation is $148\times12$.
$148\times12 = (100 + 40 + 8)\times12 = 100\times12 + 40\times12 + 8\times12 = 1200 + 480 + 96 = 1776$.

Answer:

$1,776