9
QuizMultiple Choice

Budgeting and Being a Smart Consumer

Question 9 • Personal Finance - EL3403

Ramya’s mom was hired for a new job with a yearly income of $84,000. The total of all deductions from her paycheck will be 25% of the gross pay. She asked Ramya to compute her net monthly income. What is Ramya’s mother’s net monthly income?

Answer
A
$1,750
B
$3,360
C
$5,250
D
$6,720
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