This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Rashid's monthly expenses are $4000 and he expects that his cash flow will always be sufficient to ... (Read 150 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Nov 11, 2019
Rashid's monthly expenses are $4000 and he expects that his cash flow will always be sufficient to cover his expenses. How much should he ideally have in his emergency fund?
◦ None, but he needs a $24 000 limit on his credit card
◦ $12 000 using a combination of liquid investments and access to credit
◦ $12,000 invested in two- to three-year GICs to earn a higher return
◦ $24 000 because it is always best to be safe
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by neverstopbelieb on Nov 11, 2019

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


neverstopbelieb

  • Member
  • Posts: 534
Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Peak flow meter with marker for the zero position. Peak flow meter with marker for the zero position.
A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ... A Karman Vortex air flow sensor uses a triangle-shaped rod to create vortexes as the air flows ...
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Flow chart for the diagnosis of hepatitis C. Hepatitis C reporting not using the signal-to-cutoff ... Flow chart for the diagnosis of hepatitis C. Hepatitis C reporting not using the signal-to-cutoff ...
The upper waters of the oceans flow horizontally in currents The upper waters of the oceans flow horizontally in currents
Structural comparison of human blood vessels and the direction of blood flow through them Structural comparison of human blood vessels and the direction of blood flow through them
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library