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19 March, 16:21

You make a salary of $700 per week. you have an insurance deduction of $65 per week and 12% withheld for taxes after your deduction. you have 3 weeks of unpaid leave per year.

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  1. 19 March, 16:23
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    Annual net pay = (1 - 0.12) ((52 - 3) (700) - 65 (52 - 3)) = 0.88 (49 (700) - 65 (49)) = 0.88 (34300 - 3185) = 0.88 x 31115 = $27,381.20
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