Mathematics, 27.04.2021 08:20 diablo666

Sarah’s essential (fixed) expenses are $750 per month, her essential (flexible) expenses are $500 per month, and her non-essential expenses are $250 per month. Her 401-K retirement account has $6,000, her education savings account has $3,000, and her emergency fund savings account has $2,300. Sarah wants an emergency fund of 5 times monthly living expenses. How much more does Sarah need to save to have an adequate emergency fund? a.
$1,450
b.
$5,200
c.
$0
d.
$950

Please select the best answer from the choices provided

A
B
C
D

Answers: 1

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Sarah’s essential (fixed) expenses are $750 per month, her essential (flexible) expenses are $500 pe...