Mathematics, 25.04.2021 20:30 mattydoug4818
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?
$6,107.33
$4,888.40
$6,516.91
$4,520.00
Answers: 1
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