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FINC1123 - Personal Finance Homework on Investment Solve the following problems. Show steps clearly. 1. Sally has monthly income of $5,600. Her living expenses per month amount to $1,200 for food, utilities, entertainment, etc. She pays $250 for insurance (property, health and life combined) every month. Her monthly mortgage payment is $1,000. She has credit card balances of $750. She already saved enough in emergency fund. How much money can Sally set aside for investment per month