Multiple Choice
Chris earns $1,500 per week and spends $1,000 per week on living expenses, puts $200 in a savings account, and buys $300 worth of shares in a stock mutual fund. Chris's saving is ________, and Chris's saving rate is ________.
A) $200; 13.3 percent
B) $200; 20.0 percent
C) $300; 20.0 percent
D) $500; 33.3 percent
Correct Answer:
Verified
Correct Answer:
Verified
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