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 122 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 :)


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

For a complete list of videos, visit our video library