An investor who earns $65 000 from employment and saves 4.5 percent from his total income would have increased his net worth in one year by

Name: An investor who earns $65 000 from employment and saves 4.5 percent from his total income would have increased his net worth in one year by
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Saving 4.5% of $65,000 gives us $2,925. This means that the investor's net worth would increase by $2,925 in one year. Therefore, the correct answer is (C) $2,925.

An Investor Who Earns $65 000 from Employment and Saves