You currently make $42,000 per year. Your deductions amount to 27% each month. You will get a 3% raise next year. What will be your new take home pay each month?

Question

Jamison Daniel

Mathematics

19 January, 10:18

You currently make $42,000 per year. Your deductions amount to 27% each month. You will get a 3% raise next year. What will be your new take home pay each month?

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Answers (2)

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Eden Key · Answer 1

42,000 * 0.03 = 1260

42000 + 1260 = 43260 will be new yearly salary after 3% raise

43260 / 12 = 3605 per month

3605 * 0.27 = 973.35 in deductions per month

3605 - 973.35 = $2631.65 take home every month

Makenzie Holland · Answer 2

Makenzie Holland 19 January, 10:47

0

Your answer would be 48657