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i need help understanding this question and solving it please Section 3 Emergency Fund Calculation One of the most important elements of any financial plan
i need help understanding this question and solving it please
Section 3 Emergency Fund Calculation One of the most important elements of any financial plan is the creation of an Emergency Fund! Salvatore 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 $5054 in savings. Total Income:$7397.7723 Total Expenses:$-4442.5378 Net Cash Flow # of Months Needed Please calculate net cash flow from the information you processed from section two. A value for average income and average expenses has been provided. Size of Emergency Fund Addit. Savings Required Time to Save Money Section Value: 10 Section 3 Emergency Fund Calculation One of the most important elements of any financial plan is the creation of an Emergency Fund! Salvatore 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 $5054 in savings. Total Income:$7397.7723 Total Expenses:$-4442.5378 Net Cash Flow # of Months Needed Please calculate net cash flow from the information you processed from section two. A value for average income and average expenses has been provided. Size of Emergency Fund Addit. Savings Required Time to Save Money Section Value: 10
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