# 749 net monthly income ```If Mary's car payment is \$232 per month, how much money does Mary pay annually in car
payments?
\$232 * 12 (12 months in a year)
= \$2,784 annually in car payments
Lilly’s gross weekly income is \$325. If 4.5% of Lilly's monthly paycheck goes to health
insurance, what is Lilly's net income per month?
\$325 * 4 (4 weeks in a month)
= \$1,300 gross monthly income
\$1,300 * .045 (deducted for health insurance)
= \$58.50 deducted for health insurance (deducted means taken away therefore subtract)
\$1,300 - \$58.50
= \$1,241.50 net monthly income
If Maria’s gross monthly income is \$1,325 and her monthly expenses total \$576, what is her net
monthly income?
\$1,325 - \$576 (expenses) (expenses are taken away from the total therefore subtracted)
= \$749 net monthly income
Carol’s gross monthly income is \$1,200. Each month 15% is deducted for taxes. What is Carol's
net annual income?
\$1,200 * .15 (deducted for taxes)
= \$180 deducted for taxes insurance (deducted means taken away therefore subtract)
\$1,200 – 180
= \$1,020 net monthly income
\$1,020 * 12 (12 months in a year)
= \$12,240 net annual income
If Jenn pays \$1,000 for rent, \$60 for electric and \$150 for cable/internet each month, what are
her monthly expenses?
\$1,000 + \$60 + \$150 (total means add)
= \$1,210
Kevin gets paid \$1,800 per week.If 4.5% is deducted for taxes each pay check, what is Mr.
Walker's net monthly income?
\$1,800 * .045 (deducted each week for taxes)
= \$81
\$1,800 - \$81 =
\$1,719 net weekly income
\$1,719 * 4 (4 weeks in a month)
=\$6,876 net monthly income
Ryan takes home \$1,180 every two weeks. What is her net annual income?
\$1,180 * 2 (paid every two weeks, four weeks in a month)
= \$2,360 net monthly income
\$2,360 * 12 (12 months in a year)
= \$28,320 annual net income
Lindsay takes home \$1,200 every two weeks. Her monthly expenses total \$575. What is her net
monthly income after expenses?
\$1,200 * 2 (paid every two weeks, four weeks in a month)
= \$2,400 net monthly income before expenses
\$2,400 - \$275
= \$2,125 net monthly income after expenses
Brittany gross monthly income is \$4,200. If 6% is deducted for taxes and she spends \$600 on
expenses, how much does she have left each month?
\$4,200 * .06 (taxes)
= \$252 deducted for taxes
\$4,200 - \$252 (deducted for taxes)
= \$3,948 (net monthly income after taxes)
\$3,948 - \$600 (expenses)
= \$3,348 net monthly income (after taxes and expesnes)
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