AnswersCollege Readiness MathematicsPractice TestQuestion 8
8
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Practice Test

Question 8 • College Readiness Mathematics

A family uses 12 comma 986 point 6 4 Swiss francs per year to pay a mortgage that requires US dollars. Approximately how much, in US dollars, does the family spend per month on the mortgage? 1 US dollar is equal to 0 point 9 0 1 9 Swiss francs 1 Swiss franc is equal to 1 point 1 1 US dollar

Answer
A
1,200 dollars
B
1,080 dollars
C
1,440 dollars
D
975 dollars

Explanation

Convert the yearly amount from Swiss francs to US dollars using 1 Swiss franc = 1.11 US dollars: 12,986.64 × 1.11 ≈ $14,415 per year. Divide by 12 months: $14,415 ÷ 12 ≈ $1,201 per month. The closest choice is A, 1,200 dollars.

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