document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1105329>Question 1105329</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Cliff's annual salary is $65000. He will pay 25% of his income in taxes. How much is his monthly income after taxes? Give your answer to the nearest penny. </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #720136 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=720136\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> his annual salary is 65,000.\r<BR>\n" );
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document.write( "the tax is 25%.\r<BR>\n" );
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document.write( "his annual after tax income is therefore 65,000 - .25 * 65,000 which is equal to 65,000 * (1 - .25) which is equal to .75 * 65,000 which is equal to 48,750.\r<BR>\n" );
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document.write( "you then divide 48,750 by 12 to get his monthly after-tax income of 4062.5\r<BR>\n" );
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