charlene has a monthly salary of $3,410. with her present budget, charlene has a net income that is 7% of…

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 charlenes new net income be?\na. $113.70\nb. $176.70\nc. $229.95\nd. $238.70\nplease select the best answer from the choices provided\no a\no b\no c\no d

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 charlenes new net income be?\na. $113.70\nb. $176.70\nc. $229.95\nd. $238.70\nplease select the best answer from the choices provided\no a\no b\no c\no d

Answer

Explanation:

Step1: Calculate present net - income

Present net - income = 7% of $3410$. So, $0.07\times3410 = 238.7$.

Step2: Calculate new net - income

New net - income = Present net - income−$125$. So, $238.7−125 = 113.7$.

Answer:

A. $113.70$