To prorate the annual costs into a monthly budget, how much money per month should be budgeted for car registration?

\begin{tabular}{|l|r|}
\hline \multicolumn{2}{|c|}{Annual Expenses} \\
\hline Car Registration & [tex]$\$[/tex]96.00$ \\
\hline Car Insurance & [tex]$\$[/tex]600.00$ \\
\hline Home Insurance & [tex]$\$[/tex]1200.00$ \\
\hline
\end{tabular}



Answer :

To determine the monthly budget for car registration from the annual cost, follow these steps:

1. Identify the Annual Car Registration Cost:
The annual cost for car registration is given as $96.00.

2. Determine the Number of Months in a Year:
There are 12 months in a year.

3. Calculate the Monthly Budget:
To calculate the monthly budget for car registration, divide the annual cost by the number of months in a year:
[tex]\[ \text{Monthly Budget for Car Registration} = \frac{\$96.00}{12} \][/tex]

4. Compute the Result:
Perform the division:
[tex]\[ \frac{\[tex]$96.00}{12} = \$[/tex]8.00
\][/tex]

Therefore, the monthly budget that should be allocated for car registration is \$8.00.