Question 7 • POP Financial Math 26/27
Michael’s annual insurance cost is $958 × 2 = $1,916. With bi-weekly pay, he receives 26 paychecks per year, so he should set aside $1,916 ÷ 26 ≈ $73.69 from each paycheck. Rounded to the nearest dollar, that is $74, choice B.
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