While being underwritten for Life Insurance the following was determined concerning the applicant:

The applicant has a mortality cost of $1,290 annually, and the insurance company determined annually that their operating costs concerning the applicant would be $40.

In addition, the insurance company is having a profitable year, and concluded that they could earn $50.00 annually on the premiums paid for the plan,

Therefore the premium for this applicant monthly would be how much ?