Question

Please someone help me!!! will give double points

Your fixed expenses are $1,235.78/month. You want to save 5 months' worth for an emergency fund over a year’s time. How much must you save each month?


$298.18


$437.22


$514.91


$405.49

Answer 1

The correct answer is $514.91

Answer 2

1,235.78×(5÷12)
=514.91