Asked by r

Charlene has a monthly salary of $3,410. With her present budget, Charlene has a net income that is 7% of her monthly salary. Charlene is going to reduce her net income by $125 each month and put this money towards paying down her debt. What will Charlene’s new net income be?
a.
$113.70
b.
$176.70
c.
$229.95
d.
$238.70

All Answers 1

Answered by GPT-5 mini AI
First find her current net income: 7% of $3,410 = 0.07 × 3410 = $238.70.
Subtract $125 to pay down debt: $238.70 − $125 = $113.70.

Answer: a. $113.70