88.8k views
0 votes
You earn 13.76/hr part-time and work 10hrs/wk. your deductions are FICA(7.65%), federal tax withholding (9.8%) and state tax withholding(7.13%)

3. You have 75% of your direct deposited. How much is given to you as a check per week?

4. Of the amount direct-deposited from problem 3, you have 50% placed into a savings account. How much is deposited in the savings account each month?

1 Answer

4 votes
$137.60 (gross pay)
$10.53 (FICA)
$13.18 (Federal Tax)
$9.81 (State Tax)
---------------------------------
$103.78 (Net Pay)
$77.84 (Deposit)
---------------------------------
$25.94 (To You)
$38.92 (To Savings)

User Iskandar
by
8.4k points