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Mathematics, 24.11.2020 05:20 kbrook12

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. What is the total amount of your emergency fund? $4,520.00

$4,888.40

$6,516.91

$6,107.33

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Answers: 1

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Your gross income is $4,520.00/month. Your deductions are FICA (7.65%), federal tax withholding (11....

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