Thank you for taking my question.
Please show me how to problem solve the following:
Bridgette has gotten a promotion. Her monthly salary will be $3500. Her bonus will be 1% of last year's profit,
which were $500. In 6 months she will receive a 5% raise. Her tax rate on earnings is 21%.
How much will Bridgette earn in the next 12 months ?
Here are some answer options.
(1) $48 050
(2) $49 050
(3) $47 000
(4) $49 000
(5) not enough information