Family+Scenarios

=Family Emergencies= [|familyscenarios.doc]

1.) Their was a huge rainstorm. Our basement gets flooded. Our homeowner’s insurance doesn't cover it and the damage is approximately 8,000 dollars. From our money left over monthly, in three years we would have $15045.60. So we would have enough money to cover this and would still have some money left over from covering the damage.

2.) Our furnace and central air conditioning some how gets messed up so we have to get it replaced. The total amount for furnace and central air conditioning to be replaced is 4,000 dollars. From our money left over monthly, in one year we would have $6100.68 which would be enough to replace the furnace and central air conditioning.