scott currently saves 15% of his income his annual income is 20925.00 how much more money would he be saving per month if he put aside 23% of his income instead ?
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Expert's answer
2012-06-19T10:33:50-0400
The savings per month: S1 = 20925.00 * 0.15 / 12 = 261.5625 And if he put aside 23% of his income instead: S2 = 20925.00 * 0.23 / 12 = 401.0625
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