document.write( "Question 1034844: Keiko pays a semiannual health insurance premium of $1600, and an annual car insurance premium of $650. How much does he need to set aside each month to be able to make these payments? \n" ); document.write( "
Algebra.Com's Answer #649560 by Sync(1)\"\" \"About 
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\"Keiko pays a semiannual health insurance premium of $1600\"\r
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\n" ); document.write( "\n" ); document.write( "Semiannual means every 6 months (half a year), so we can take that number $1600 and divide it by 6 to get the cost per month. ($1600/6=$266 and 2/3)\r
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\n" ); document.write( "\n" ); document.write( "\"and an annual car insurance premium of $650\"\r
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\n" ); document.write( "\n" ); document.write( "Annual means every 12 months (a year), so we take $650 and divide it by 12 to get the cost per month. ($650/12=$54.1666666 (repeating))\r
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\n" ); document.write( "\n" ); document.write( "\"How much does he need to set aside each month to be able to make these payments? \"\r
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\n" ); document.write( "\n" ); document.write( "Now we have to add each number together. I used the exact values instead of rounding.\r
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\n" ); document.write( "\n" ); document.write( "$54.16666 (repeating) + $266 and 2/3 = 320.83333 (repeating), or, rounded to the nearest hundredth: $320.83.\r
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\n" ); document.write( "\n" ); document.write( "Keiko must set aside $320.83 each month in order to make these payments. \n" ); document.write( "
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