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Suppose you are a salaried employee. you currently earn $52,800 gross annual income. the 20-50-30 budget model has been working well for you so far, so you plan to continue using it. if you would like to build up a 5-month emergency fund over an 18-month period of time, how much do you need to save each month to accomplish your goal?

Respuesta :

To accomplish my goal,i need to save each month is .

Given:- The gross annual income is .

To Find:- how much do i need to save each month to accomplish my goal.

By using the concept of realistic budget it will be solved.

According to the problem,

The gross annual income is .

if i like to build up a -month emergency fund over an 1-month period of time then,

So, i need to save each month to accomplish my goal is .

#SPJ4

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