ramyas mom was hired for a new job with a yearly income of $84,000. the total of all deductions from her…

ramyas 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 ramyas mothers net monthly income?\n$1,750\n$3,360\n$5,250\n$6,720

ramyas 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 ramyas mothers net monthly income?\n$1,750\n$3,360\n$5,250\n$6,720

Answer

Explanation:

Step1: Calculate yearly net - income

The deductions are 25% of the gross pay. So the net - pay is (1 - 0.25)=0.75 of the gross pay. The yearly gross pay is $84000. The yearly net - income is $84000\times0.75 = 84000\times\frac{3}{4}=63000$.

Step2: Calculate monthly net - income

To find the monthly net - income, divide the yearly net - income by 12. So the monthly net - income is $\frac{63000}{12}=5250$.

Answer:

$5,250$