Statistics for a households annual cash flow

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Reference no: EM13781656

Consider the following statistics for a household''s annual cash flow:

Net Cash Flow ($3,200); Nondiscretionary Expenses ($32,750); Discretionary Expenses ($9,250);

Retirement Investments ($13,500) and Debt Repayment ($4750).

Calculate the Gross Savings percentage.

Reference no: EM13781656

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