IDNLearn.com provides a collaborative environment for finding accurate answers. Our experts are available to provide accurate, comprehensive answers to help you make informed decisions about any topic or issue you encounter.
How long will it take her to build her emergency fund is 30 months
Given:
Gross pay =$4,000
Monthly expenses =$2,000
First step is to calculate her Joelle 6 month expenses
6 months expenses=$2,000 × 6
6 months expenses= $12,000
Second step is to calculate the amount of income Joelle saved each month
Income= 10% × $4,000
Income = $400
Now let calculate how long will it take her to build her emergency fund
Number of months=$12,000/$400
Number of months=30 months
Inconclusion How long will it take her to build her emergency fund is 30 months
Learn more here:
https://brainly.com/question/2389537