Joey pays $672 per year in insurance, how mush should he budget monthly for it? a. $112, b. $84 c. $56, d. $28 the equation y = 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the united states from birth to 17 years, given the household's annual income, x, approximately how much would it cost to raise a child from birth to 17 years in a household with an annual income of $54,000? a. $83,700 b. $191,419 c. $194,119 d. $196,316

For the first part, in the question, it is given that , Joey pays $672 per year in insurance .

And 1 year = 12 months.

It means, Joey pays $672 for 12 months in insurance .

So his monthly budget should be

Correct option is C .

In the second part, it is given that, The equation y = 1.55x + 110,419 approximates the total cost, in dollars, of raising a child in the united states from birth to 17 years, given the household's annual income, x .

So when annual income ,x, is 54000, we will get

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