Answer:
A. $45.83
Step-by-step explanation:
This problem can be solved by a simple rule of three.
Each year has 12 months. The company will pay $550 per year for your health insurance. This means that in 12 months, the company will pay $550.
What is the monthly amount they will pay?
This is how much they are going to pay in one month. So:
1 month - $x
12 months - $550
[tex]12x = 550[/tex]
[tex]x = \frac{550}{12}[/tex]
[tex]x = 45.83[/tex]
So the correct answer is:
A. $45.83
