SOLUTION: the annual income of a bank clerk is N240,000. his income tax is charged at 10 percent and the employer deducts 5 percent for the pension fund. calculate the clerk's net monthly in

SOLUTION: the annual income of a bank clerk is N240,000. his income tax is charged at 10 percent and the employer deducts 5 percent for the pension fund. calculate the clerk's net monthly in

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Question 900773: the annual income of a bank clerk is N240,000. his income tax is charged at 10 percent and the employer deducts 5 percent for the pension fund. calculate the clerk's net monthly income.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
20,000 - .15(20,000) = net
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