Respuesta :
Based on the calculations, Stephanie's net monthly income (NMI) is equal to $1,666.33.
How to calculate net monthly income?
The net monthly income (NMI) of an employee can be calculated by subtracting the total deductions from the gross monthly income (GMI).
For the GMI, we have:
GMI = GAI/12
GMI = 25,000/12
GMI = $2,083.33.
For the total deductions, we have:
Total deductions = 259.00 + 132.00 + 26.00
Total deductions = $417.00.
Now, we can calculate the net monthly income (NMI):
NMI = GMI - total deductions
NMI = 2,083.33 - 417.00
NMI = $1,666.33.
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