# Finance

I need to find out what the average american family of 5 has in savings...any suggestions on where to find that info?

1. 👍 0
2. 👎 0
3. 👁 85
1. This is a question that could easily be answered by the Federal Reserve's Survey of Consumer Finance. (The survey is a publically available micro-data file) Unfortunately, I do not know if your particular desired statistic has been tabulated and published by the Fed/SCF. I did not find anything in my five minutes of google searching. I suggest you get on the Federal Reserve's web site and start searching from there.

Lottsa luck.

1. 👍 0
2. 👎 0

## Similar Questions

1. ### pseudocode

Assume that your family has 10 members. Assume further that each family member has a certain amount of savings. Your task is to determine: (a) the total amount of savings that the family has, as a whole and (b) to determine who

asked by Anonymous on March 3, 2012
2. ### statistics

Which hypothesis-testing procedure would you use in the following situations? • The mean time an American family lives in a particular single-family dwelling is 11.8 years. A sample of 100 families in the Sycamore, OK area shows

asked by help on May 29, 2012
3. ### Science

b) Two families Mäkinen* and Nieminen* travel by cars a distance of 185 km. In the middle of the travel both have a break of 20 min. During driving family Nieminen has an average speed of 90 km/h. Family Mäkinen drives the first

asked by karem on December 21, 2016
4. ### Topic of college essay

There is a question that comes from a undergraduate application: At the UM, we value a diverse community. How have your life experiences and background shaped you into an individual who will enrich the UM community? I am an

asked by Jenni on November 22, 2006
5. ### math

A family wins \$25,000 in the lottery. Of this money, half goes toward a new car, one-tenth goes into savings, and the rest is put into investments. How much did the family invest?

asked by toya on September 30, 2009
6. ### Math

Two families met at a par for a picnic at the end of the day, they part ways. Family A leaves 15 minutes after Family B and travels east at an average of 42 mph; while family B travels west at an average of 50mph. Both families

asked by Anonymous on September 12, 2017
7. ### Maths

A trader needs \$ 300,000to improve her business, she deposits \$ 110000 in her savings account at 5% per annum compound interest. She then adds \$ 50,000 to her savings at the end of each year. (a) Find her total savings after 3

asked by Ande2 on June 24, 2019
8. ### algebra 2

Two families met at a par for a picnic at the end of the day, they part ways. Family A leaves 15 minutes after Family B and travels east at an average of 42 mph; while family B travels west at an average of 50mph. Both families