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Computers and Technology, 19.09.2021 19:50 zach6024
Ed and Marta are paid $2,070 after taxes every month. Monthly expenses include $ 693 on housing and utilities, $294 for auto loans, $144 on food, and an average
of $ 616 on clothing and other variable expenses. Calculate and interpret their savings ratio. (Hint: Prepare an income statement or use Worksheet 5, and then
compute the ratio.)
What is the amount of Ed and Marta's income available for savings and investment $?
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Ed and Marta are paid $2,070 after taxes every month. Monthly expenses include $ 693 on housing and...
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