Question
Total assets (including a house)$700000Checking and savings account$14000Monthly after-tax income$5900Total monthly expenses$9000Monthly savings$700Monthly debt payments$2040Total debt (including mortgage)$282000 What is the Haring family's savings ratio?
Total assets (including a house)$700000Checking and savings account$14000Monthly after-tax income$5900Total monthly expenses$9000Monthly savings$700Monthly debt payments$2040Total debt (including mortgage)$282000
What is the Haring family's savings ratio?
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Principles of Economics
Authors: Gregory Mankiw
7th edition
128516587X, 978-1285165875
