Your fixed expenses are $1235.78/month. You want to save 5 months worth for an emergency fund over time. How much must you save
1 answer:
Answer:
$514.908 or $514.91
Step-by-step explanation:
First off we need to consider the amount of months in a year. There are a total of 12 months in a year. Now that we have the number of months in a year, we can now determine how much you need to save each month by using the Unitary Method.
First we take the number of months we want to save for and divide that to the total number of months in the year.
We then multiply that to the current amount of expenses we have per month.
×
= $514.908 or $514.91
So in conclusion you need to save $514.91 each month.
You might be interested in
Answer:
Minimum < Q1 < Median < Q3< Maximum
Step-by-step explanation:
Given
Minimum, Median, Maximum, Q3 and Q1
<em>See attachment for complete question</em>
Required
Order from least to greatest
In a dataset, the range is:
This implies that, the minimum is the least and the maximum is the highest of the dataset
So, we have:
Minimum < < < < Maximum
The median is the middle item; So, the above becomes
Minimum < < Median < < Maximum
In a dataset, the IQR is:
This implies that:
So, we have:
Minimum < Q1 < Median < Q3< Maximum
