Mathematics

Dear

6 October, 21:05

You earn $17.50/hr and work 40 hr/wk. Your deductions are FICA (7.65%), federal tax withholding (12.3%), and state tax withholding (6.2%). Your housing and fixed expenses are 30% of your realized income per month. you want to save 5 months worth in an emergency fund within a year. how much do you need to save per month to fund the emergency fund

A. 271.10

B. 249.03

C. 258.48

D. 396.62

+3

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