Can someone PLEASE help me with this problem???!!!!!!
36.
You earn $17.50/hr and work 40 hr/wk. Your deductions are FICA (7.65%), federal tax withholding (12.3%), and state tax withholding (6.2%). Your housing and fixed expenses are 30% of your realized income per month. You want to save 5 months' worth in an emergency fund within a year. How much do you need to save per month to fund the emergency fund, and how much discretionary money remains per month?

I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

find monthly income... find 5 times that amount.. divide by 12

that's how much you need to save per month

subtract the deductions from your monthly income...

Looking for something else?

Not the answer you are looking for? Search for more explanations.

## More answers

Looking for something else?

Not the answer you are looking for? Search for more explanations.