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28 December, 20:57

Shirley Riddle earns $2 comma 327 biweekly. She is single and claims no withholding allowances. She saves 2% of her salary for retirement and pays $22.82 in nonexempt insurance premiums each pay period. The Social Security Tax is 6.2% from earnings to be taxed. The Medicare tax is 1.45% from all earnings. What are her net earnings for each pay period?

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  1. 28 December, 21:17
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    Shirley receive 2,126.16 dollars for each pay period.

    Explanation:

    the saving are considered part of his net earnings. The employeer gives a certain amount and from there, Shirley makes a save.

    gross pay: 2,327

    insurance premium 22.82

    Socal Security (6.2%) 144.274

    medicare (1.45%) 33.7415

    Total deductions 200.8355‬

    Net pay: 2,126.1645‬ ≈ 2,126.16
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