Question 17 • 26-27 Ignite Financial Literacy Personal Finance - EL3403
Jimmy’s family pays $685 each month, so over 12 months they pay $685 × 12 = $8,220. The plan requires them to pay $12,500 before insurance begins covering costs, leaving $12,500 − $8,220 = $4,280. The correct choice is $4,280.00.
AI-written and checked against the verified answer.