Answer:

given:

salary =50,000.00/monthly

1year =12 months

tax=5, 275.75

required: Actual pay receive in a year

solution:

over all salary per year

50,000.00 x 12 months = 600,000/ year

overall tax per year

5,275.75 tax x 12 months =63, 709/year

Actual pay receive in a year

600,000-63,709 = 536,691