The most appropriate use of money in an emergency fund would be replacing the furnace in January. This is because an emergency fund is typically used for unexpected expenses or urgent repairs that can't wait, such as replacing a furnace during a cold winter month when it's essential for heating and safety. The other options don’t represent urgent or unexpected expenses that would typically be covered by an emergency fund.
Which is an appropriate use of money in an emergency fund?(1 point)
Responses
buying a brand new car
buying a brand new car
replacing the furnace in July
replacing the furnace in July
replacing the furnace in January
replacing the furnace in January
painting the house
painting the house
1 answer