Elise and Carlo would like to accumulate three times their monthly expenses in monetary assets. They currently have Php2,800 in their money market account, and their monthly expenses are Php4,500. How much more do they need in their money market account to reach their goal? Note:The answer should the 11,710

icon
Related questions
Question

Elise and Carlo would like to accumulate three times their monthly expenses in monetary assets. They currently have Php2,800 in their money market account, and their monthly expenses are Php4,500. How much more do they need in their money market account to reach their goal?

Note:The answer should the 11,710

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer