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Your fixed expenses are $1,235.78/month. You want to save 6 months' worth for an emergency fund over a year’s time. How much must you save each month?

Your fixed expenses are $1,235.78/month. You want to save 6 months' worth for an emergency fund over a year’s time. How much must you save each month?
asked 163k views
4 votes
Your fixed expenses are $1,235.78/month. You want to save 6 months' worth for an emergency fund over a year’s time. How much must you save each month?

asked
User Oleg Kazakov
by
7.9k points

1 Answer

3 votes

Answer:

The correct answer is 514.90

Step-by-step

answered
User Mo Shal
by
8.1k points
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