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Mr. Robledo has 10 credit cards. He pays an annual fee of $50 each for use on three of the cards and four of the cards have a $45 annual fee. The remainingthree cards have no annual fee. How much should he budget each month to pay the annual fees on his ten credit cards?$25.70 per month$28.30 per month$26.90 per month$27.50 per monthNone of these choices are correct.

Respuesta :

Answer:

$27.50 per month

Explanation:

The annual fees paid by Mr. Robledo are listed below:

• $50 on 3 of the cards

,

• $45 on 4 of the cards

First, determine the total annual fee:

[tex]\begin{gathered} \text{Total}=(50\times3)+(45\times4) \\ =150+180 \\ =\$330 \end{gathered}[/tex]

Next, divide by 12 to calculate the monthly budget.

[tex]\begin{gathered} \text{Monthly Fee}=\frac{330}{12} \\ =\$27.50 \end{gathered}[/tex]

Mr. Robledo should budget $27.50 per month.

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