1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
allsm [11]
3 years ago
13

If your monthly expenses total $2,000, you should save at least _______ in an emergency fund before focusing on your investment

program.
Business
1 answer:
alisha [4.7K]3 years ago
3 0
An emergency fund is an account that is used to set aside funds that will be needed in the event of a personal financial dilemma. The size of one emergency fund depends on one's income, dependants and lifestyle. It is recommended that one put aside at least three months worth of expenses.In the question given above, the monthly expenses is $2000.00, so the person has to put away at least $2000 * 3 months, which is equal to $6000.00.
You might be interested in
You purchase 200 shares for $70 a share ($14,000), and after a year the price rises to $80. Calculate the percentage return on y
vladimir2022 [97]

Answer:

14.29%

Explanation:

Number of shares purchased= 200

Purchase price per share= $70

Year end price = $80

Total Investment cost = 200 shares * $70 per shares = $14,000

Percentage return earned on investment = Number of shares * (Year end price - Purchase price) / Investment

= 200 * ($80 - $70) / $14,000

= $2,000 / $14,000

= 0.142857

= 14.2857%

= 14.29%

4 0
3 years ago
Which of these people is most likely a freelancer?
marshall27 [118]
A. Zoey is likely a freelancer
6 0
3 years ago
Read 2 more answers
Pierce Company incurred $150,000 of research and development costs in its laboratory to develop a new product. It spent $20,000
mr Goodwill [35]

Answer:

A. $35,000

Explanation:

The first $150,000 were invested in research and development of the product itself, not the patent. Thus, this amount should be debited to research and development expenses.

The only expenses directly related to the patent itself are the $20,000 spent on legal fees on January 2, 2017, and the $15,000 for legal fees in a successful defense of the patent on July 31, 2017.

Therefore, the total amount that should be debited to Patents (P) is:

P = $20,000 + $15,000 = $35,000

8 0
3 years ago
Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to se
antoniya [11.8K]

Answer:

Employability.

Ethics.

Systems.

Teamwork.

Career development.

Problem solving.

Critical thinking.

Information technology application.

Explanation:

3 0
3 years ago
Read 2 more answers
Roberta’s brokerage account contains 10 stocks. She has held five of those stocks for over two years, and she purchased the othe
Elena L [17]

Answer: b

Explanation: took the test

3 0
3 years ago
Other questions:
  • The value of all final goods and services produced within a country is termed its __________.
    14·1 answer
  • Jack Barnes is the CEO of Graphics Prints and Art, Inc. Jack was scheduled to take an important customer on a hunting trip for t
    6·1 answer
  • If Baldwin issued 1000 shares of common stock at last year's end price, the effect on the balance sheet would be:________
    11·1 answer
  • Suppose that a nation has a GDP of 1.0 trillion dollars in 2000. If a country grows at an average rate of 3.0 % per year over a
    12·1 answer
  • Can a company be good at corporate social responsibility but not be sustainability-oriented? Is it possible to focus on sustaina
    9·1 answer
  • 2. Think of a real or made up but realistic example of a speculative risk that you or someone you know may face, and then answer
    12·1 answer
  • the most effective use of the interim ___ is to establish cost standards and compare the actual amount with the budgeted amount
    7·2 answers
  • How do you calculate the profit on a product?:​
    11·1 answer
  • Michelle is typing an e-mail to team members. The e-mail includes some issues that were discussed during a meeting and decisions
    6·1 answer
  • In the ending phase of transition as described by bridges (2000), what component occurs when the individual understands that his
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!