Sam is a cashier at the local grocery store. He earns $8/hr and works there 10 hours per week. Every week, he puts 75% of his money in a savings account so he can reach his goal
of having $1,000 as an emergency fund. School is starting in a few weeks and he wants to
buy some new supplies including a backpack, pens and notebooks, and more. He
estimates the total will be about $75.
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