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Calculate and interpret savings ratio

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Ed and Marta are paid ?$4,320 after taxes every month. Monthly expenses include ?$1,420 on housing and? utilities, ?$540 for auto? loans, ?$261 on? food, and an average of ?$1,143 on clothing and other variable expenses. Calculate and interpret their savings ratio.

The amount of Ed and? Marta's income available for savings and investment is:

Reference no: EM131835853

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