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Given the following, what is Merediths savings ratio? Gross income $105,000; Home $450,000; Mortgage $360,000; Stock portfolio $65,000; Disposable income $75,000; Bank accounts $16,000; Credit

  1. Given the following, what is Merediths savings ratio? Gross income $105,000; Home $450,000; Mortgage $360,000; Stock portfolio $65,000; Disposable income $75,000; Bank accounts $16,000; Credit card balances $2,000; Automobile $30,000; Automobile loan $20,000; Total expenses $70,000; Home-related expenses $20,000.
  1. -20.0%
  2. 5.2%
  3. 6.7%
  4. 21.3%
  5. 4.7%

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