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Liquidity

Fictional demo

AlexJordan

Stage problem

The party

Jeronimo has $18,500 invested. So why can't he comfortably pay for a $2,400 party?

Cash on hand is $1,050. The party is $2,400. Checking is 2.4% of the invested balance.

Checking$450
Savings$600
Invested$18,500