​Angela's monthly disposable income is ​$1,749. She has monthly expenses of ​$1,548 ​(including recreational expenses of ​$219​) and net cash flow of ​$201 per month. Angela analyzes her personal...


  ​Angela's monthly disposable income is ​$1,749. She has monthly expenses of ​$1,548 ​(including recreational expenses of ​$219​) and net cash flow of ​$201 per month. Angela analyzes her personal budget and decides that she can reduce her recreational spending by ​$48 per month. If Angela is saving ​$249 per​ month, what is her savings rate​ (i.e., savings as a percentage of disposable​ income)?


​Angela's savings rate is ___%.


​(Round to two decimal​ places.)



Jun 08, 2022
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