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Ben lives in a condominium in downtown Toronto and works as a business analyst. He earns an annual take - home salary of $ 4
Ben lives in a condominium in downtown Toronto and works as a business analyst. He earns an annual takehome salary of $ and every month he spends $ on rent, $ on car expenses, $ on a lineofcredit interest payment, $ on miscellaneous expenses, and saves $
a What percent of his monthly takehome salary are his monthly expenses?
Round to two decimal places
b Ben's financial advisor suggested he invest of his monthly takehome salary in a mutual fund. What percent of his current savings would this amount be
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