Question

Question 1 (1 point)
Mary spends $150 semi-monthly on clothes. How much does she spend monthly?

Question 2 (1 point)
Annette places $900 annually in an RESP. How much money should she budget monthly?

Answer 1

$▪▪▪▪▪▪▪▪▪▪▪▪▪  {\huge\mathfrak{Answer}}▪▪▪▪▪▪▪▪▪▪▪▪▪▪$

Question 1

Money spent semi - annually (in 6 months) = $ 150

So, money spent annually (12 months) is equal to :

• $150 \times 2$

• $\ \: 300$

Question 2

Her budget annually (in 12 months) = $ 900

So, budget monthly is equal to :

• $\dfrac{900}{12}$

• $\ \: 75$