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John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be _______…

John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be _______…
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John's gross income is $1,000 per month. Based on an assumption that 25% of his gross income will be withheld, he can expect his disposable (spendable) income to be _______ per month.

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User Chandrakanth
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1 Answer

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JOhn's gross income is 1000 dollars per month. Based on assumption that 25% of his gross income will be withheld = 1000 * .25 = 250 dollars
=> 1000 - 250 dollars = 750
Thus, his spendable amount is 750 dollars.
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User Saylor
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