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Expert: Sherry Wallin - 9/15/2011


Question
Hi there,
I am presently contracting my pay after tax (rate of 30%) per week is $1787.48.

Now if I go permanement at this company, what figure do I need to be paid to ensure that I am still paid after tax my weekly in hand cash amount $1787.48.

Please let me know.
Many thanks.
A.

Answer
Let x = the amount of gross pay
then .30x is the tax on the gross pay
and you want a net of 1787.48 so
x - .3x = 1787.48 =>
.7x = 1787.48  =>
(.7/.7)x = 1787.48/.7  =>
x = 2553.54

You will need to gross $2553.54 per week in order to net $1787.48 per week

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Sherry Wallin

Expertise

I can answer most questions up through Calculus and some in Number Theory and Abstract Algebra.

Experience

I have had my Bachelor's Degree since 1987 and have been a teacher since 1988. I earned my Masters Degree in Mathematics May 2010. I have been teaching at the same community college since 2002.

Education/Credentials
I have taught 12 years at the community college level, medical college, and technical college as well as a high school instructor and alternative education instructor and charter school instructor.

Awards and Honors
Master's GPA 3.56 Bachelor's GPA 3.34 Post grad work not degree related GPA 4.0

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