document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=948848>Question 948848</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Your goal is to have an emergency fund equal to 3 months living expenses. Your living expenses are $700 a month. Your take-home pay per month is $1,100, and you plan to put 10% toward your emergency fund each month. How long will it take you to reach your goal? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #579268 by </B><A HREF=/tutors/aboutme.mpl?userid=macston><B>macston(5194)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=macston><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=macston><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=579268\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Your goal is (3 months)($700/month)=$2100<BR>\n" );
document.write( "10% of $1100/month=(0.10)($1100)=$110/month<BR>\n" );
document.write( "$2100/$110/month=19.09 months ANSWER: It would take 19.09 months to put $2100 in your emergency fund. </SPAN>\n" );
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