Based on your knowledge of taxes, you estimate that your net pay will be 66% of your gross pay. you think you will need $250 per week after taxes to get by. what annual gross salary will you need

The gross pay per year is .

Further explanation:

Given:

The net pay is 66% of the gross pay. The net pay per week is $250.

Calculation:

Consider the gross pay as and net pay as .

Since the net pay is 66% of the gross pay , it can be written as follows:

The net pay per week is given as $250.

Substitute 250 for in above equation.

Since, there exist 52 weeks in a year, the gross pay per year is calculated as follows:

Thus, the gross pay per year is $19697.6.

Learn more:

1. Interest rates are expressed as a percentage ofhttps://

2. Suppose that this individual now decides to give one-eighth of a percent (0.125 %) of her new net worth to charity. how many dollars are given to charity?

Answer Details:

Grade: Middle School

Subject: Mathematics

Chapter: Interest

Keywords: Gross pay, net pay, rate, accounts, simple interest, compound interest, percent, dollar, tax, interest rate, net worth, annually, weekly, weeks, $250, total income, charity, compounded.

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step-by-step explanation:

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