Answer: $14.85
Step-by-step explanation:
Ww can solve the question using direct proportion with the formula y = kx
where y = annual salary
x = monthly policy cost.
k = constant of proportionality
Since y = kx
38500 = 11.55k
k = 38500 / 11.55
k = $3333.33
When Randy has an annual salary of $49,500, the amount Randy expect to pay for his policy will be:
y = kx
49500 = 3333.33x
x = 49500 / 3333.33
x = 14.85
The amount that Randy expect to pay for his policy will be $14.85
