This topic contains a solution. Click here to go to the answer

Author Question: Rashid's monthly expenses are $4000 and he expects that his cash flow will always be sufficient to ... (Read 130 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
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


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
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 :)


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library