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Personal Finance
Budgeting
Saving goals
Sampson is creating a personal budget. He wishes to save 20% of his income. If he has a monthly income of $5000 how much money does he intend to save each month?
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To save 20% of his $5000 monthly income, Sampson intends to save 20/100 * $5000 = $<<20/100*5000=1000>>1000 each month. Answer: \boxed{1000}.
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