Anne Marie Earns $25,000 a Year

question 115

Multiple Choice

Anne Marie earns $25,000 a year.Her monthly expenses total $1,200.What is the minimum amount of money that Ms.Lynn should set aside in an emergency fund?

• A)$1,200
• B)$1,800
• C)$2,400
• D)$3,600
• E)$12,500

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Definitions:

Community Involvement

Engagement of a company or its employees in activities and projects that benefit the society or environment in their local community.

Voluntary Labor

Work undertaken by choice or without financial compensation; often in the context of volunteerism or unpaid internships.

Management Practices

The actions, strategies, and methods employed by managers to achieve organizational objectives and improve performance.

Competitive Pricing

A pricing strategy where a company sets the price of its products or services based on the prices of competitors.