Final answer:
The dental assistant's net pay for the pay period is calculated by subtracting deductions for federal tax, state tax, FICA & Medicare, and family insurance coverage from her gross pay, resulting in a net pay of $302.66.
Step-by-step explanation:
To calculate the net pay of the dental assistant, we need to deduct taxes and other deductions from her gross pay. The deductions include Federal tax, state tax, FICA & Medicare, and the biweekly deduction for family insurance coverage.
First, let's calculate each deduction:
- Federal tax: 11% of $530 = $58.30
- State tax: 5% of $530 = $26.50
- FICA & Medicare combined: 7.65% of $530 = $40.54
- Family insurance coverage deduction: $102
Total deductions: $58.30 (Federal tax) + $26.50 (State tax) + $40.54 (FICA & Medicare) + $102 (Insurance) = $227.34
Finally, to calculate the net pay, we subtract the total deductions from the gross pay:
Net pay: $530 - $227.34 = $302.66
Therefore, the dental assistant's net pay for the pay period is $302.66.