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Great lesson. I know it may not be intentional, but just for clarity.
Question: The gross annual salary earned by a civil servant is $1.6 mil. Determine his net monthly salary, if he has monthly deductions of $24,000
(Incorrect) The net monthly salary = the gross annual salary / 12.
(Correct) The gross monthly salary = the gross annual salary / 12
or (Correct) The net monthly salary = the gross annual salary / 12 – monthly deductions
Or as explained in the lecture…
The gross monthly salary = the gross annual salary / 12
The net monthly salary = the gross monthly – monthly deductions