Answer:
$2332.25 per month
Step-by-step explanation:
1) The monthly share of annual expenses can be calculated from the annual expenses. Since there are 12 months in a year, the monthly share of annual expenses is gotten by dividing the annual expenses by the number of months in a year.
2) The monthly share of annual expenses is given by:
Monthly share of annual expenses = Annual expenses / 12 months
Monthly share of annual expenses = $27987 / 12 months = $2332.25 per month
