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Given the following information, calculate the savings ratio: 13 Liabilities = $25,000 Liquid assets = $5,000 Monthly credit payments = $800 Monthly savings = $760

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Given the following information, calculate the savings ratio: 13 Liabilities = $25,000 Liquid assets = $5,000 Monthly credit payments = $800 Monthly savings = $760 Net worth = $75,000 Current liabilities = $2,000 Take-home pay = $2,300 Gross income = $3,500 Monthly expenses = $2,050 Multiple Choice 33.79% 3.06% o oo ) 2.40%

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