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BINCY

What is net surplus?

net surplus = monthly income - monthly expense this does not include the monthly savings made every month so how is it taken into consideration? ...
Feb 14 2012 08:17 PM
BINCY

What is Savings Ratio

Thank you for your kind reply. I would like to clarify one more question. Savings ratio = Net surplus/Monthly income. if the savings ratio is 25%. does it mean that the person must save 25% of his mo...
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