Question: Develop a set of bullet points to explain the various elements of Juan Carlos's savings plan. Be sure to include key assumptions about hours worked

Develop a set of bullet points to explain the various elements of Juan Carlos's savings plan. Be sure to include key assumptions about hours worked during school years and summers, savings rate and hourly wage. Also, be prepared to answer the question his parents will likely ask: "You have never saved before! How are you going to save so much now?"

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