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Kentar has a monthly income of 3,500. After taking into account taxes and other deductions, his disposable income is $2,350. He has $740 in net
Kentar has a monthly income of 3,500. After taking into account taxes and other deductions, his disposable income is $2,350. He has $740 in net cash flows each month on his current level of expenses. Kentar has decided to deposit his monthly net cash flows in a savings account. He would like to establish an emergency fund equal to six months worth of expenses. Approximately how many months will it take Kentar to reach his goal? [2 pts] (Show your calculations)
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