Question

Ron's yearly income is $44,300 and has $4,400 withheld for taxes and $2,400 for personal deductions. If he gets paid biweekly, what is his net pay for each paycheck?

Answer 1

Net biweekly pay for each paycheck is
`\$1442`

Explanation:

Employees paid biweekly are paid 26 times a year.

So, Required Biweekly net pay
`=(44300-4400-2400)/(26)`

`\approx 1442`

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