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Based on this financial data, calculate the Savings Ratio. Liabilities $7470 Net Worth Liquid Assets Monthly Credit Payments Monthly Savings $ 4610 $ 720 $ 640 Current Liabilities Take-home Pay Gross Income $ 77300 $ 2000 $ 3150 $ 4890

Based on this financial data, calculate the Savings Ratio. Liabilities $7470 Net Worth Liquid Assets Monthly Credit Payments Monthly Savings $ 4610 $ 720 $ 640 Current Liabilities Take-home Pay Gross Income $ 77300 $ 2000 $ 3150 $ 4890

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Based on this financial data, calculate the Savings Ratio. $7470 Net Worth Liquid Assets $ 4610 Monthly Credit Payments $720 Monthly Savings $ 640 Gross Income Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc. Do not include a comma or"$" sign in your response. Liabilities Current Liabilities Take-home Pay $ 77300 $2000 $ 3150 $ 4890
Transcribed Image Text:Based on this financial data, calculate the Savings Ratio. $7470 Net Worth Liquid Assets $ 4610 Monthly Credit Payments $720 Monthly Savings $ 640 Gross Income Make sure to include zeros and round your answer to 2 decimal places. i.e. 3.55, 1.89, 1.02, 0.09, etc. Do not include a comma or"$" sign in your response. Liabilities Current Liabilities Take-home Pay $ 77300 $2000 $ 3150 $ 4890
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