Question

Hi! If you have time, I am stuck on this problem. I don't get it. You need to find the net pay and I was wrong. Please help. No need for really big explanation

Answer 1

Your pay before taxes are $292.50 (gross earnings)

So your total tax is $31.55 (Total deductions)

After the tax is deducted the pay is $260.95 (net pay)

The rest of the answers to the chart are below and bolded

Explanation:

Okay simple explanation

you need to find total and the tax for each one by multiply by it’s percent

THe total you cna get of course form multiply 30 hours by 2.75 per hour so you’d get 292.50

Now to find the tax just multiply 292.50 by the percents given and make sure to move those decimal Places

292.50*0.1=29.25 (federal tax / 10%)

292.50*0.062=1.86 (ss tax / 6.2%)

292.50*0.0145=0.435 {round that to nearest penny 0.44} (Medical care/ 1.45%)