In Many Cases, Property Taxes When You Own a Home

question 1

Multiple Choice

In many cases, property taxes when you own a home are paid every six months, homeowner's
Insurance is paid once per year, and car insurance is paid every six months. One homeowner pays
$1,450 in property taxes twice a year, $946 in homeowner's insurance annually, and makes car
Insurance payments of $294.32 and $335.40 every six months. If this homeowner wants to spread
These expenses out by putting some money each month into a savings account, how much should she
Put aside per month?

• A)$304.62
• B)$504.29
• C)$425.45
• D)$372.98

---

Definitions:

Society for Human Resource Management

A professional organization dedicated to the advancement of human resource management practices and the development of HR professionals.

Gift Certificates

Prepaid tokens or vouchers that can be exchanged for goods or services at specified retailers or businesses.

Adequate Parking

Sufficient space provided for vehicles to park at a facility or location.

Job Satisfaction

The level of contentment individuals feel with their job.