History, 03.04.2020 02:12, mwest200316
Willie gets paid $1000 every two weeks and follows the same spending and saving plan unless an emergency arises.
The first thing Willie does is to immediately put $350 in his savings account.
Next, using online bill pay through his bank, Willie spends about $300 on bills such as his cell phone, electricity and rent Willie
withdraws $150 in cash for daily expenses, and leaves the remaining amount ($100) in his checking account.
Based upon the information about Willie's spending and saving habits, which statement is TRUE?
Willie's annual household income is approximately $55.000
Willie's income is used exclusively as a medium of exchange for goods and
services
Willie operates on a cash only basis, which is a very smart personat
finance decision
Willie allocates $550 every two weeks as a store of value in his savings
account
HELP please I’ll make you the brainliest if right
Answers: 2
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Willie gets paid $1000 every two weeks and follows the same spending and saving plan unless an emerg...
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