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Eric Peltz Earns $80,000 a Year

question 59

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Eric Peltz earns $80,000 a year.His monthly expenses total $4,300.What is the minimum amount of money that Mr.Peltz should set aside in an emergency fund?

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Definitions:

Heritability Estimates

Quantitative measures used in genetics to determine what proportion of variation in a particular trait within a population is due to genetic differences among individuals.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors.

Environmental Influences

External factors, including social, cultural, and physical elements, that can have an impact on an individual's behavior, thoughts, and physical well-being.

Cognitive Development

The process of growth and change in intellectual abilities such as thinking, reasoning, and problem-solving.

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