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Question
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
The most appropriate use of money in an emergency fund among the provided options is:
replacing the furnace in January
This is because an emergency fund is typically used for unexpected expenses, such as replacing a broken furnace, especially when it is essential for home heating during the winter months. The other options do not represent emergencies that would warrant using an emergency fund.
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