Question

Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per month is $2,100. Her deductions before the change are listed in the table. Deduction Dollar Amount Federal Income Tax $294 State Income Tax $89 Social Security $85 Medicare $35 What is her new monthly net pay? Round your answer to the nearest dollar. $1555 $1591 $1595 $1639

Answer 1

YOUR ANSWER IS A) $1555

Answer 2

The answer is $1555.

Step-by-step explanation:

Deduction Dollar Amount

Federal Income Tax $294

State Income Tax $89

Social Security $85

Medicare $35

Quintina’s gross pay per month is $2,100.

All the deductions remains same except the federal income tax.

Federal tax at 16% will be =
`0.16*2100=336` dollars

Now, total deductions will be =
`336+89+85+35=545` dollars

Therefore, Quintina's net pay will be =
`2100-545=1555` dollars

So, the answer is $1555.