Question

2. Sandy Sellers works 30 hours per week

with an hourly rate of pay of $15.00 per
hour. She has deductions from each
paycheck of 12% for federal income tax,
2.84% for North Carolina income tax, 6.2%
for Social Security, and 1.45% for Medicare.
What is Sandy's net take home pay each
week?

Answer 1

$348.79

Explanation:

You want to know Sandy Sellers' net weekly pay if she earns $15 per hour for 30 hours' work and has deductions of ...

• 12% federal tax
• 2.84% NC tax
• 6.2% SS
• 1.45% Medicare.

Gross Pay

Sellers' net pay will be her gross pay, less the taxes. Those taxes are all percentages of her gross pay.

gross pay = (hourly rate) × (hours worked)

gross pay = ($15.00/hour) × (30 hours) = $450

Deductions

The deductions from her pay total ...

12% +2.84% +6.2% +1.45% = 22.49% . . . . of her gross pay

The dollar amount of the deductions is ...

0.2249 × $450 = $101.205 ≈ $101.21

Net Pay

Then Sellers' net pay is ...

net = gross - deductions

net = $450 -101.21 = $348.79

Sandy Sellers' take-home pay each week is $348.79.