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3 years ago

14

Your goal is to have an emergency fund equal to 3 months living expenses. Your living expenses are $700 a month. Your take-home

pay per month is $1,100, and you plan to put 10% toward your emergency fund each month. How long will it take you to reach your goal?

1 answer:

anyanavicka [17]3 years ago

6 0

6.4 months Because 10% of $1,100 is $110

multiply 110 by 6.4 and you get 704

so 6.4 months

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