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when tim bought his own home, he needed to start protecting it. he purc…

Question

when tim bought his own home, he needed to start protecting it. he purchased homeowners insurance, which is a yearly charge of $300. he is budgeting for monthly payments though. how much is tims monthly homeowners insurance payment? record this number as homeowners insurance

question 7

water, electricity, trash pickup, and natural gas are other expenses that cost additional money each month. tim spends $30 per month for water and trash, $60 per month for electricity, and $44 per month for natural gas. how much does he spend total for these utilities? record these numbers individually as electricity, natural gas and water/trash

Explanation:

Step1: Calculate monthly insurance payment

Divide yearly cost by 12.
$300\div12 = 25$

Step2: Calculate total utility cost

Add up water/trash, electricity and natural - gas costs.
$30 + 60+44=134$

Answer:

Monthly homeowner's insurance payment: 25
Total utility cost: 134