74.7k views
5 votes
You earn $840 per week. You pay social security taxes of 7.65%, federal taxes of 22%, and state taxes of 5.95%. What is your take home pay?

1 Answer

4 votes
Question: You earn $840 per week. You pay social security taxes of 7.65%, federal taxes of 22%, and state taxes of 5.95%. What is your take home pay?Analyzation and solutions:=> 840 dollars = the total earnings you have=> 7.65% + 22% + 5.95% = the total of taxes charged to him.NOw let's solve=> 7.65% + 22% = 29.65% + 5.95% = 35.6%=> 35.6% /100% = 0.356Now, multiply=> 840 * .356 = 299.04=> 840 - 299.04 = 540.96
User Valid
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories