Sarah has $15,000 in monetary assets, $48,000 in annual living expenses, a $20,000 balance on her car loan, and $60,000 of equity in her house. What is her month's living expenses covered ratio?
A) 1.125 times
B) 3.75 times
C) 3.0 times
D) There is not enough information to answer this question.
Answer: B
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