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Mathematics, 22.12.2019 09:31 ityeoboy2210
Mitch completes the course and his boss promotes him. mitch receives a 25% increase on his previous pay of $40 000 per year after tax.
however, mitch took out a study assist loan from the government to pay his course fee. this means that 4% of his new after-tax salary goes towards repaying the loan.
how much extra pay does mitch actually end up with for the year?
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Mitch completes the course and his boss promotes him. mitch receives a 25% increase on his previous...
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