asked 152k views
3 votes
Sunna met with her financial planner and determined that she needs to have

an emergency fund of six months of living expenses. They calculated that her
monthly living expenses are $1,950. Sunna currently has $3,000 in her savings
account. If she can save $850 per month toward the emergency fund, how long
will it take to meet her goal?

1 Answer

4 votes

Answer:

around 14 months

Explanation:

first multiply 1950 by 6
1950x6=11700
divide 11700 by 850
11700/850≈13.7647058824

answered
User Martin Drozdik
by
7.9k points
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