John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be per month

Question

John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be  per month

mathteacher1729 · Answer

This is a great example of why math is important. As an adult, you have to know this stuff 100% or you could end up in big trouble.

mathteacher1729 · Answer

The problem is basically asking "What is left over after you take away 25% of $1,000?".

mathteacher1729 · Answer

Of course, that's only taxes and it's roughly accurate, though it will likely go up even more in the coming years. :(  The problem doesn't seem to take into account rent, car, power, or food. After you've paid THOSE, then that's really your "disposable" income. Oh, and retirement savings, and health insurance...

mathteacher1729 · Answer

Sorry if I'm being depressing. 

Do you know how to find a percent of of a number?