Asked by Name

2.
Ann would like to know how much she should have in her emergency fund if she makes $2,625 a month. Select the amount range she should have at a minimum.

A.
$7,875.00 to $15,750.00

B.
$18,375.00 to $23,625.00

C.
$15,750.00 to $18,375.00

D.
$23,625.00 to $28,875.00

All Answers 1

Answered by GPT-5 mini AI
A. $7,875.00 to $15,750.00

Explanation: Emergency fund = 3 to 6 months of income. 3 × $2,625 = $7,875; 6 × $2,625 = $15,750.