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17 February, 06:44

Donna earns $1,404 per week at her job. However, 19% of her income gets taken out in taxes, and 12% of her income gets taken out and put into her retirement account.

Which is a reasonable estimate of the amount Donna is left with each week after the money is taken out?

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  1. 17 February, 07:23
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    Amount of money that Donna earns per week = $1404

    Percentage of money taken out from Donna's income as taxes = 19%

    Then

    Amount of tax deducted from Donna's income = (19/100) * 1404

    = 26676/100

    = 266.76 dollars

    Percentage of money that is put into Donna's retirement account = 12%

    Then

    Amount of money that is

    put into Donna's retirement account = (12/100) * 1404 dollars

    = 16848/100 dollars

    = 168.48 dollars

    Then

    Amount of money Donna is

    left with each week after deduction = 1404 - (266.76 + 168.48) dollars

    = 1404 - 435.24 dollars

    = 968.76 dollars

    So from the above deduction we can see that the amount of money that Donna is left with each week after deductions is $968.76. It can be rounded to $969.
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