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Stephanie graduated from college and on her first job earned an annual salary of $25,000.

Sagot :

Lanuel

Based on the calculations, Stephanie's net monthly income (NMI) is equal to $1,666.33.

How to calculate net monthly income?

The net monthly income (NMI) of an employee can be calculated by subtracting the total deductions from the gross monthly income (GMI).

For the GMI, we have:

GMI = GAI/12

GMI = 25,000/12

GMI = $2,083.33.

For the total deductions, we have:

Total deductions = 259.00 + 132.00 + 26.00

Total deductions = $417.00.

Now, we can calculate the net monthly income (NMI):

NMI = GMI - total deductions

NMI = 2,083.33 - 417.00

NMI = $1,666.33.

Read more on net monthly income here: https://brainly.com/question/14081107

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