2. Determine how much each expense will cost for one year.a) Semi-annual home insurance payments of $150.26b) Monthly phone and Internet bill of $38.49c) Bi-weekly mortgage payments of $711.68
711.68×26=18503.68
Step 1 :a) Semi-annual home insurance payments:
Step 2 :150.26×2=300.52
Step 3 :b) Monthly phone and Internet bill:
Step 4 :38.49×12=461.88
Step 5 :c) Bi-weekly mortgage payments:
Step 6 :711.68×26=18503.68