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emergency fund ratio Use the following data to answer the next 5 questions (4 - 8). Pat and Marie have the following expenses and account

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Use the following data to answer the next 5 questions (4 - 8). Pat and Marie have the following expenses and account balances: Pat's annual 401(k) plan contribution $16,500 Pat's annual salary $100,000 Current liabilities $24,000 Housing costs (P&I&T&I) monthly $2,167 Cash & Cash equivalents $18,000 Monthly nondiscretionary cash flows $6,000 $500 Monthly debt payments other than housing Pat's employer matches $1 for $1 up to 3% of Pat's salary in his 401(k) plan. Question 4 05 pts Based on the information above, calculate Pat and Marie's emergency fund ratio in months 0.25 months 1 month 2 months 3 months

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