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14 February, 13:31

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)
  1. 14 February, 14:41
    0
    Your answer would be 48657
  2. 14 February, 16:38
    0
    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
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