Question

Deonte earned a gross pay of $684 last week. From his gross pay the following were subtracted:

federal withholding tax, $47; Social Security, 6.2% of gross pay; Medicare, 1.45% of gross pay;
health insurance, $87; and $50 for his savings plan. Find Deonte's net pay.

Answer 1

$451.85

Explanation:

686.00-47.00=637.00

637.00 x 6.2% =39.49 so 637.00-39.49=597.51

597.51 x 1.45% so 597.51-8.66=588.85

588.85-87.00=501.85

501.85-50.00=451.85