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Compute the savings rate for a married couple. During the year, Bruce contributed $9,215 to his 401K plan, and his employer matched this contribution. Moreover,
Compute the savings rate for a married couple. During the year, Bruce contributed $9,215 to his 401K plan, and his employer matched this contribution. Moreover, Harold contributed $7,895 to his 401K plan, although his employer does not offering matching. For the year, Bruce's salary was $149,194 while Harold's salary was $93,792. Express your answer as a percentage, and go out two decimal places, such as 8.25%
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