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vivado [14]
3 years ago
7

What percentage of your salary should go to savings? A. 5% B. 10% C. 20 D. 50%

Business
2 answers:
QveST [7]3 years ago
8 0

Answer:

D

Explanation:

BartSMP [9]3 years ago
3 0

20% of your salary should go to savings.

Option - C

<u>Explanation: </u>

At least 20% of your money should be spent on investments. More is all right; less is not recommended. Meanwhile, another 50 percent (maximum) is expected to go to needs, while 30 percent goes to budgetary items.

This is termed the 50/30/20 thumb rule, which offers quick and easy guidance. To take a quick look to find out how much you need to save each month, consider looking at your objectives. Broadly speaking, the economic goals will be broken down into three buckets:

  • Expenditures come in less than a year.
  • Expenditures to come in less than a decade.
  • Quite long-term costs that are a century or more out.
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You are looking to buy a car and you have been offered a loan with an APR of 5.7 %​, compounded monthly. a. What is the true mon
lukranit [14]

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a.

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b.

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