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Javis pre-tax income is $85,000. He saves $13,000. Based on the rule of thumb for savings rate discussed in class for estimating savings, is Javi

Javis pre-tax income is $85,000. He saves $13,000. Based on the rule of thumb for savings rate discussed in class for estimating savings, is Javi saving sufficiently?

Group of answer choices

Javi is not saving sufficiently

Javi is saving sufficiently

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