Answer:
You need annual gross pay of 20000.
Step-by-step explanation:
Suppose, your annual gross pay is [tex]x[/tex]
You estimate that the net pay will be 65% of your gross pay. So, the annual net pay will be: [tex]x*65\% = 0.65x[/tex]
As there are 52 weeks in 1 year, so your weekly net pay will be: [tex]\frac{0.65x}{52}[/tex]
Given that, you will need 250 per week after taxes to get by. So, the equation will be......
[tex]\frac{0.65x}{52}=250\\ \\ 0.65x= 52*250=13000\\ \\ x=\frac{13000}{0.65}=20000[/tex]
So, you need annual gross pay of 20000.
