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compute the total cost per year of the following pair of expenses. then…

Question

compute the total cost per year of the following pair of expenses. then answer the question that follows.
suppose your cellphone bill is $70 per month, and you spend $360 per year on student health insurance. over the course of a year, do you spend more on your cellphone or your insurance?
over the course of a year, you spend $□ on your cellphone bill and $□ on student health insurance. therefore, you spend more on your
(simplify your answers.)

Explanation:

Step1: Calculate the annual cellphone bill

Since there are 12 months in a year and the cellphone bill is $70 per month, we use the formula \( \text{Annual cellphone cost}=70\times12\).

$$70\times12 = 840$$

Step2: Compare the two annual costs

The annual cost of student health insurance is given as $360.
We compare \(840\) (cellphone annual cost) and \(360\) (insurance annual cost). Since \(840>360\).

Answer:

Over the course of a year, you spend $\boldsymbol{840}$ on your cellphone bill and $\boldsymbol{360}$ on student health insurance. Therefore, you spend more on your cellphone.