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What is her savings rate?

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Question - Angela's monthly disposable income is? $2,818.She has monthly expenses of? $2,418 ?(including recreational expenses of ?$350?) and net cash flow of ?$400 per month. Angela analyzes her personal budget and decides that she can reduce her recreational spending by ?$53 per month. If Angela is saving ?$453 per? month, what is her savings rate? (i.e., savings as a percentage of disposable? income)??

Reference no: EM133102569

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