Susan and Tom have annual fixed and variable expenses of ($100,000.) They each earn ($80,000) for a
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Susan and Tom have annual fixed and variable expenses of \($100,000.\) They each earn \($80,000\) for a combined earned income of \($160,000.\) Susan has a small trust fund which provides minimal income. How much should Susan and Tom maintain in their emergency fund?
A. $25,000.
B. $50,000.
C. $80,000.
D. $100,000.
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Nnamdi Okafor
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Related Book For 
Essentials Of Personal Financial Planning
ISBN: 9781945498237
1st Edition
Authors: Susan M. Tillery, Thomas N. Tillery
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