One of the most important elements of any financial plan is the creation of an emergency fund. Samantha is going to need help evaluating their income and expenses you calculated previous to help determine how much and how long they need to save. In this section please determine an appropriate amount for an emergency fund and other requested information. Assume that your friend already has $5218 in savings.<\/p>
Total Income : $6931.1006<\/p>
Total Expenses: $-5895.909<\/p>
Calculate:<\/p>
Net Cash Flow:<\/p>
# of months needed:<\/p>
Size of Emergency Fund:<\/p>
Additional Savings Required:<\/p>
Time to save money:<\/p>", "transcribed_text": "", "related_book": { "title": "Accounting Tools for Business Decision Making", "isbn": "9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169", "edition": "5th edition", "authors": "Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/291.jpg", "uri": "\/textbooks\/accounting-tools-for-business-decision-making-5th-edition-291", "see_more_uri": "" }, "free_related_book": { "isbn": "0988454262", "uri": "\/textbooks\/the-drone-age-a-primer-for-individuals-and-the-enterprise-1st-edition-978-0988454262-150350", "name": "The Drone Age A Primer For Individuals And The Enterprise", "edition": "1st Edition" }, "question_posted": "2024-05-27 04:16:28", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/express-the-following-sum-in-closed-form-2-k-2-374029", "description": "Express the following sum in closed form. 2 k 2 (4 + 3 - 4 ) = n k 1", "stars": 3 }, { "url": "\/the-akron-police-department-has-five-detective-squads-available-for", "description": "The Akron Police Department has five detective squads available for assignment to five open crime cases. 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