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GoodMad_ GoodMad_
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Posts: 3898
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7 years ago
If your take-home pay is $30,000 annually and you have $15,000 in liquid assets and $5,000 in current liabilities, you have about
A) four month's of liquid reserves, which is fair.
B) six months' of liquid reserves, which is good.
C) two month's of liquid reserves, which is poor.
D) six years of liquid reserves, which is excessive.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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7 years ago
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GoodMad_ Author
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7 years ago
I'll mark it solved, you deserve it
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