Question

Your realized income is $2,085.44, and your fixed expenses are 30%. You want to save 6 months’ worth in an emergency fund. If you only want to put 50% of your discretionary monies toward the emergency fund each month, how many months will it take to fully fund it, excluding interest accrual? (Note: Round up to the next whole month.) 4 months 6 months 10 months 11 months

Answer 1

Answer is wrong

Explanation:

Couldn't tell you how to get the answer I just know that when I got this answer wrong it told me the right answer.

In fact, most of the answers for this portion are wrong on here.

10. $1,201.33

11. $629.23

12. $7.74

13. $347.51

14. $3,753.78

15. 6

16. $25.24

17. $416.70

18. $2,903.67

19. $22.96