Abby had the following statistics. Calculate the gross savings percentage. Net cash flow .................................... $6,000 Nondiscretionary expenses
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Abby had the following statistics. Calculate the gross savings percentage.
Net cash flow .................................... $6,000
Nondiscretionary expenses ..................... 35,000
Discretionary expenses .......................... 8,000
Targeted retirement savings .................... 5,000
Repayment of debt ............................. $2,000
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