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Ramya’s mom was hired for a new job with a yearly income of $84,000. The total of all deductions from her paycheck will be 25% of the gross pay. She asked Ramya to compute her net monthly income. What is Ramya’s mother’s net monthly income? $1,750 $3,360 $5,250 $6,720

Respuesta :

jennalaree77

Answer:

The answer is C. $5,250

abiolataiwo2015

Ramya’s mother’s net monthly income is: $5,250.

What is net monthly income?

Net monthly income is the amount that is remaining every month after removing all the deduction.

First step

Net income=Yearly income×(1-Gross pay percentage)

Net income=$84,000×(1-25%)

Net income=$84,000×75%

Net income=$63,000

Second step

Net monthly income=Net income/Number of months in a year

Net monthly income=$63,000/12 months

Net monthly income=$5,250

Inconclusion  Ramya’s mother’s net monthly income is: $5,250.

Learn more about  net monthly income here:https://brainly.com/question/1286047

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