After being involved in a car accident last month, Ralph’s insurance company has increased his annual premium by $105.38. Approximately what change will Ralph see on his future monthly statements as a result of the change? a. Ralph’s monthly insurance payment will not change. b. Ralph’s monthly insurance payment will increase by $8.78. c. Ralph’s monthly insurance payment will increase by $17.56. d. Ralph’s monthly insurance payment will increase $105.38.

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After being involved in a car accident last month, Ralph’s insurance company has increased his annual premium by $105.38. Approximately what change will Ralph see on his future monthly statements as a result of the change? a. Ralph’s monthly insurance payment will not change. b. Ralph’s monthly insurance payment will increase by $8.78. c. Ralph’s monthly insurance payment will increase by $17.56. d. Ralph’s monthly insurance payment will increase $105.38.

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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$105.38 in 12 months is how much per month?
what are asking me to do

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If the insurance goes up $105.38 in 1 year, how much does it cost extra per month?
I dont know thats why im here to get help
Let's say you buy a radio for $120, and you can pay it over 12 months. You will make 12 equal payments for the radio. How much would each monthly payment be? You divide $120/12 = $10. You'd pay $10 per month for 12 months. Since $10 * 12 = $120, you pay the entire cost of the radio in the 12 months.
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In your problem, the person already has car insurance and is paying a certain amount per month. We were not told how much he pays per month, it we don't need to know it. The insurance went up by $105.38 in one full year. He has to pay an extra $105.38 in one year. $105.38 in a year is how much per month?
Just like with the radio, you divide $120/12, here you divide $105.38/12. What is $105.38/12 ?
8.78
Right. Since his insurance went up $105.38 per year, his monthly payment will go up $8.78 per month. Now choose the correct choice from the given answers.

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