Answer: [tex]\$30,360[/tex]
Step-by-step explanation:
Given
Jed makes [tex]\$34,500[/tex] per year
After the loss of contract, a paycut of 12% is there
The amount after the paycut is
[tex]\Rightarrow 34,500(1-0.12)\\\Rightarrow 34,500\times 0.88\\\Rightarrow \$30,360[/tex]