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Prorate the given expenses to find the monthly cost.
-Keiko pays $320 per month for food, a semiannual health insurance premium of $1500, and an annual car insurance premium of $600. Round your answer to the nearest dollar.
Restricted Fund Method
An accounting practice where funds are designated for specific purposes and are restricted from general use.
Donation Revenue
Income received from donations, often pertaining to non-profit organizations.
Specific Project
A particular and defined piece of work, usually with a set duration, objectives, and resources, meant to achieve a specific goal.
Restricted Contribution
Funds donated with specific conditions attached by the donor, limiting the use of the funds by the recipient.
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