Ask Question
30 November, 03:47

Max has set a goal to create an emergency fund. he determined that his monthly expenses total $1,525. based on recommendations, how much should max save for his emergency fund?

+4
Answers (1)
  1. 30 November, 03:56
    0
    According to reccomendations, emergency funds should at least cover the usual monthly expense for about 6 months (assuming that there wouldn't be any form of income during that 6 months) /

    So i think the answer is:

    $ 1,525 x 6 = $ 9150
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Max has set a goal to create an emergency fund. he determined that his monthly expenses total $1,525. based on recommendations, how much ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers