Answer:
$ 1267.
Step-by-step explanation:
Given :
David's monthly income after tax = $ 1430.15
His health insurance cost him in a month = $ 63
Percent deducted from his income after tax for his retirement option is = 7%
Therefore money left after retirement option deduction is :
$ 1430.15 - 7% of $ 1430.15
= 1430.15 - 100.11
= $ 1330.04
= $ 1330 (aprrox)
Money deducted from this amount for his health insurance plan
= $ 1330 - $ 63
= $ 1267
Therefore, David's monthly take home pay is $ 1267.
