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4. You earn $64,000 per year. The government takes 35% in taxes. a) What's your monthly net pay? b) You have four months to save for a $3,000 car downpayment. If you save 20% of your net pay each month,
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4. You earn $64,000 per year. The government takes 35% in taxes.

a) What's your monthly net pay?
b) You have four months to save for a $3,000 car downpayment. If you save 20% of your net pay
each month, can you reach your savings goal?

User Kekolab
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1 Answer

6 votes

Answer:

Step-by-step explanation:

35% of $64,000 is $22,400

Yes you can cause if you save 20% of your monthly net pay in 4 months your gonna have $17,920

User Robin Qiu
by
5.2k points
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