How much will that increase her annual savings

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Reference no: EM131306674

1. Change in Savings. Angela analyzes her personal budget and decides that she can reduce her recreational spending by $50 per month. How much will that increase her annual savings? What will her annual savings be now?

2. Savings Rate. If Angela is saving $350 per month, what is her savings rate (i.e., savings as a percentage of disposable income)?

Reference no: EM131306674

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