To get the yearly amount multiply by 12 the monthly amount:
Mortgage:
[tex]1,522.45*12=18,269.40[/tex]
Cable television:
[tex]75.40*12=904.80[/tex]
Electricity:
[tex]120.34*12=1,444.08[/tex]
Gas:
[tex]60.52*12=726.24[/tex]
Telephone:
[tex]68.95*12=827.40[/tex]
Cars:
[tex]650.39*12=7,804.68[/tex]
Food:
[tex]200.85*12=2,410.20[/tex]
Clothing:
[tex]102.09*12=1,225.08[/tex]
Total yearly expenditures:
[tex]18,269.40+904.80+1,444.08+726.24+827.40+7,804.68+2,410.20+1,225.08=33,611.88[/tex]
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1. If they save $45.50 a month, multiply that amount by 12 to find how much they have saved by the end of the year:
[tex]45.50*12=546.00[/tex]
They will save $546.00 by the end of the year.
2. Given data: Pays $75.40 for Cable bill. Basic service is half of what is currently paying.
Find the half of 75.40 to know the cost of basic service:
[tex]\frac{75.40}{2}=37.70[/tex]
He would pay $37.70 for basic service
3. As the monthly basic service cost $37.70, multiply it by 12 to get the yearly bill:
[tex]37.70*12=452.4[/tex]
The yearly bill for basic service would be $452.40
