The total amount of annual take-home pay of Cynthia is $34,086.25
<h3>What is income tax?</h3>
Income tax is a tax applied on individuals or entities concerning income or profit earned by them.
Cynthia earns $41,875 annually.
If the Canadian government levies an income tax of 18.6% on Cynthia’s tax bracket.
It can be calculated as
41,875 × 18.6%
41,875 × 18.6/100 = 7,788.75
The annual take-home pay
41,875 - 7,788.75 = $34,086.25
Thus, The total amount of annual take-home pay is $34,086.25.
Learn more about income tax;
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