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What is Jerry's saving ratio if he has the following: Cash in bank: $4,000 Net worth: 44,000 Liabilities: 8,000 Current liabilities: $450 Monthly credit payments:

What is Jerry's saving ratio if he has the following:

Cash in bank: $4,000

Net worth: 44,000

Liabilities: 8,000

Current liabilities: $450

Monthly credit payments: $200

Monthly savings: $100

Monthly expenses: $400

Net pay: $1,200

Gross pay: 1,900

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