Question

help with one consumer math question please will fan and give medal

Answer 1

what is it?

Answer 2

your gross income is 45200.00 month your deductions are 7.65 federal tax withholding 11.75 and state tax withholding 8.5 your fixed expeneses are 30% of your realized income you saved 5 months worth in an emergency fund place 75% in a 60 day CD at a 5.25% APR and the rest in a regualr saving account at a 3.8 APR what is the total almount of your emergency fund? how much is the CD and saving account? how much is the total interest earned between both accounts in 60 days

Answer 3

@Chris01