Question

PLEASE HELP ASAP I AM WILLING 10 points

You are a high school senior with a part-time job at a retail store. Your employer pays you $9.75 per hour. Last week, you worked a total of 30 hours.

The following payroll deductions were taken from your gross pay:

Federal income tax (withholding) at 10%
Social Security tax at 6.2%
Medicare tax at 1.45%
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The amount for NET PAY for this pay period was $

Answer 1

240.62$

Explanation:

$9.75 per hour

30 hours

Total earned: 292.5$

Federal income tax (withholding) at 10% --> 29.5$

Social Security tax at 6.2% --> 18.14$

Medicare tax at 1.45% --> 4.24$

292.5 - all taxes = 240.62$