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3 votes
17.

Your gross income is
$4,520.00/month. Your deductions are FICA (7.65%), federal tax withholding (11.75%),
and state tax withholding (8.5%). Your fixed expenses are 30% of your realized income.
You saved 5 months' worth in an emergency fund, placing 75% in a 60-day CD at a 5.25%
APR and the rest in a regular savings account at a 3.8% APR. How much is in the savings
account?
$1,777.10
$1,222.10
$1,969.55

User Ninju
by
8.4k points

1 Answer

7 votes

Answer:

1,969.55 is the answer

User Danieltakeshi
by
8.8k points
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