Vicky works in retail. Her annual gross salary is $24,000. From this, she must pay 15% income tax. In addition, she must repay a loan at a rate of $120 per month. The loan amount is taken out of her post-tax pay (i.e. after the tax has been calculated).

What is Vicky's take home pay per month? 

Answer rating: 100% (QA)

To calculate Vickys takehome pay per month you can follow these steps 1 Calculate the annual ... View the full answer