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Economics - Financial Markets
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Your friend's job pays $10 per hour and he works 40 hours per week. His tax rate is 20 percent. Assuming he works 50 weeks of the year, his yearly net income is $4,000 $16,000 $20,000 $40,000
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i did 20,000 x .20 an got 4,000
:D
im assuming thats right? thats not too low? Am i supposed to subtract 4000 from 20000?
i spent ages trying to work out why my answer was off
it turned out i noticed not the part where it says 50 weeks not 52
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i assumed and was erroneous thereof
you are correct, in short hand.
well done
thank you :)))
my pleasure
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