Question: A person has $ 1 , 2 8 0 in liabilities, monthly savings of $ 2 1 0 , and monthly gross income of $

A person has $1,280 in liabilities, monthly savings of $210, and monthly gross income of $2,200. What is the person's savings ratio?
Note: Round your answer to 2 decimal places.
Multiple Choice
0.08
0.10
0.12
0.02
0.16

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