Jason and Larissa would like to accumulate three times their monthly expenses in monetary assets.They currently have $2,800 in their money market account,and their monthly expenses are $4,500.How much more do they need in their money market account to reach their goal?
A)$13,500
B)$3,900
C)$10,700
D)$1,700

Question

Quizplus · Accepted Answer

Their goal is to accumulate 3 times their monthly expenses, which is 3 * $4,500 = $13,500. They currently have $2,800, so they need $13,500 - $2,800 = $10,700 more.

Jason and Larissa Would Like to Accumulate Three Times Their