Shane is paying $0.40 per $100 on his $455,000 home in homeowners’ insurance annually. if his annual homeowners’ insurance premium is divided into twelve equal monthly payments to be included on each of his monthly mortgage payments of $2325.00, what is his total monthly payment

$2,476.67

Step-by-step explanation:

Data provided in the question:

Annual insurance amount paid = $0.40 per $100 on his $455,000 home

Monthly mortgage payments = $2325.00

Now,

Annual insurance amount = [ $0.40 ÷ $100 ] × $455,000

= $1,820

Therefore,

Monthly insurance amount = [ Annual insurance amount ] ÷ 12

= $1,820 ÷ 12

= $151.67

Therefore,

His total monthly payment

= Monthly mortgage payments + Monthly insurance amount

= $2325.00 + $151.67

= $2,476.67

well if he bought them at 5 cedis each sold them at 7 cedis each then he would make a profit of 2 cedis of each book. if in total he made 150 cedis profit that means he sold 75 books. he lost 12 books at the start so that means he originally bought a total of 82 books.

step-by-step explanation:

and?

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