Mathematics

3 May, 08:22

Michael needs to pay car insurance premiums of $958 two times per year. He has decided to make deposits from each paycheck to a savings account for "Other Expenses (Predictable) " to cover this expense. How much should Michael deposit from each paycheck if the paycheck is bi-weekly?

a.

$80

b.

$74

c.

$160

d.

$37

+2

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