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If Derek earns $1,500 per week and spends $1,000 per week on living expenses, puts $300 in a savings account, and buys $200 worth of

If Derek earns $1,500 per week and spends $1,000 per week on living expenses, puts $300 in a savings account, and buys $200 worth of shares in a stock mutual fund, what is Derek's savings rate?

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