Beth and Bob Martin have total take - home pay of $5, 000 a month. Their monthly expenses total $4, 380. Calculate the minimum amount this couple needs to establish an emergency fund. 2 - Which of the following is an advantage associated with purchasing a mutual fund? No fund management fees Ability to control the timing of the capital gains distributions Total elimination of market risk Switching privileges within the same fund family Purchase/withdrawal costs

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter17: Retirement And Estate Planning
Section: Chapter Questions
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1- Beth and Bob Martin have total take - home pay of $5, 000 a month. Their monthly expenses total $4, 380. Calculate the minimum amount this couple needs to establish an emergency fund. 2 - Which of the following is an advantage associated with purchasing a mutual fund? No fund management fees Ability to control the timing of the capital gains distributions Total elimination of market risk Switching privileges within the same fund family Purchase/withdrawal costs 

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