Answer:
Hence,
The monthly budget of the insurance is $ 39.
Step-by-step explanation:
It is given that:
Home insurance costs $468 annually.
it means that the payment of the insurance in one year is $ 468.
Now we are asked to find how you should budget monthly for home insurance.
We know that there are 12 months in a year.
so, we will divide the total payment in a year by the number of months in a year so as to obtain the monthly payment of the insurance.
Hence, Monthly payment of insurance is:
[tex]\dfrac{468}{12}=39[/tex]
Hence,
The monthly budget of the insurance is $ 39.
