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Mathematics, 06.05.2020 05:10 m3lissa

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14. Your realized income is $2,085.44, and your fixed expenses are 30%. You want to save 6 months worth in an emergency fund. How much do you need to save?
I got $3753.79

15. Using the information from question #14 if you only want to put 50% of your discretionary monies toward the emergency fund each month, how many months will it take to fully fund it, excluding interest accrual? (Round to next whole number)
Your fixed expenses are $1,328.90/month and you saved 4 months' worth in an emergency fund. You place half in an 45-day CD at a 4.5% APR and the remainder in a regular savings account at 3.2% APR. How much total interest do you earn in 45 DAYS?

Your realized income is $2,415.64/month, and 54% are discretionary monies. If you want to save 3 months of fixed expenses for an emergency fund, how much must you save each month to find it in 8 months?

You saved $10,943.89 in an emergency fund. One fourth is in a regular savings account at a 3.5% APR and the remainder is in a 30-day CD at a 4.57% APR. what is the difference in the amount of interest in 30 days between the two savings instruments?

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