Question

40hrs $11.00/hr

15%
8%
7%
What were each tax totals. What is the gross pay. What is the net pay. Show your work

Answer 1

1. $440
2. $66, $35.20, $30.80
3. $308

Explanation:

Gross pay means the amount of money you get without any tax reductions.

40 * 11 = $440

Find the value of all the taxes.

440 * 0.15 = $66

440 * 0.08 = $35.20

440 * 0.07 = $30.80

Net pay means the amount of money you get with tax reductions.

440 - 66 - 35.20 - 30.80 = $308

Best of Luck!