Fin474:Calculate the minimum amount this couple needs to establish an emergency fund

Jane and
Bill Collins have total take-home pay of $3,900 a month. Their monthly expenses total $2,800. Calculate the minimum amount this couple
needs to establish an emergency fund.
(Obj. 1) (p. 351)
The minimum amount for an emergency fund for the
Collins is $8,400, as illustrated below.

$2,800
3 months (minimum) =
$8,400 Emergency Fund