Multiple Choice
Jason and Larissa would like to accumulate three times their monthly expenses in monetary assets.They currently have $2,800 in their money market account,and their monthly expenses are $4,500.How much more do they need in their money market account to reach their goal?
A) $13,500
B) $3,900
C) $10,700
D) $1,700
Correct Answer:

Verified
Correct Answer:
Verified
Q91: A low asset-to-debt ratio is a positive
Q92: Both individual retirement accounts (IRAs) and non-residential
Q93: Mack and Amy are making regular contributions
Q94: A surplus demonstrates that you are managing
Q95: The purpose of a revolving savings fund
Q97: Monetary assets include cash and near-cash items
Q98: Financial planning is only for the rich.
Q99: A debt-payments-to-disposable-income ratio with monthly nonmortgage debt
Q100: Financial planning focuses primarily on spending wisely.
Q101: A debt-payments-to-disposable-income ratio of _ percent or