Answered

Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

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

#SPJ1

View image Lanuel
Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.