Question

Laura is saving her money in case of an emergency. She currently has enough savings to cover her living expenses for four months. Evaluate Laura's savings.

a.She has saved over the maximum recommended amount and could use some of the money for other funds

b.She has saved less than the minimum recommended amount and could be in trouble if she loses her job or falls ill.
c.She has saved more than the minimum recommended amount, but she could save more.

d.She has saved the maximum recommended amount and should not save any more.

Answer 1

Lara's savings could be evaluated as letter d, which says that she has saved more than the maximum recommended amount but she could save more. The reason to that explanation because it is a maximum recommended amount for she have save at least four months to cover her living expenses, though it may be enough for four months, she should still save more because after those four months, she needs to spend more money for it only last for four months.