renka2ylorri0aness
renka2ylorri0aness renka2ylorri0aness
  • 07-04-2016
  • Mathematics
contestada

Your realized income from your primary job is $3,076.45/month. Your fixed expenses are 36% of your realized income. How much must you save for an emergency fund of 6 months?

Respuesta :

Neuron
Neuron Neuron
  • 13-04-2016
If you would like to know how much money you must save for an emergency fund of 6 months, you can calculate this using the following steps:

36% of $3,076.45 = 36% * 3,076.45 = 36/100 * 3,076.45 = $1,107.522

6 months * $1,107.522 = 6 * 1,107.522 = $6,645.132

The correct result would be $6,645.132.
Answer Link
nikol2003w21 nikol2003w21
  • 18-12-2020

Answer: $6,645.12

Step-by-step explanation: Just took the test

Answer Link

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