Afamily uses 12,986.64 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 = 0.9019 swiss francs 1 swiss franc = 1.11 us dollar

$1201.26 per month.

Step-by-step explanation:

A family uses 12986.64 Swiss francs per year to pay a mortgage that requires US dollars.

We have to find the dollars, family spend per month on mortgage.

In this question we will convert the amount given in Swiss francs into US dollars.

Then we will calculate per month expenditure on the mortgage by dividing US dollars by 12 months.

Since 1 Swiss franc = 1.11 US dollar

12986.64 Swiss franc = 12986.64×1.11

                                                      = 14415.1704 US dollar

Now per month payment of the mortgage =

                                                                      = $1201.26

Therefore, family will pay $1201.26 on mortgage in a month

step-by-step explanation:

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