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MathematicsMathematics
25 March, 05:57

You earn $840 per week. You pay social security taxes of 7.65%, federal taxes of 22%, and state taxes of 5.95%. What is your take home pay?

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  1. 25 March, 06:09
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    Question: You earn $840 per week. You pay social security taxes of 7.65%, federal taxes of 22%, and state taxes of 5.95%. What is your take home pay? Analyzation and solutions:=> 840 dollars = the total earnings you have=> 7.65% + 22% + 5.95% = the total of taxes charged to him. NOw let's solve=> 7.65% + 22% = 29.65% + 5.95% = 35.6%=> 35.6% / 100% = 0.356Now, multiply=> 840 *.356 = 299.04=> 840 - 299.04 = 540.96
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