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Alice's take-home pay last year was the same each month, and [#permalink]
14 May 2006, 04:53
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1.Alice's take-home pay last year was the same each month, and she saved the same fraction of her take-home pay each month.The total amount of money that she had saved at the end of the year was 3 times the amount of that portion of her monthly take-home pay that she did not save. If all the money that she saved last year was from her take-home pay, what fraction of her take-home pay did she save each month?