Given the pay rate and hours worked, determine the gross earnings, federal taxes (assuming 18% of gross earnings), state taxes (assuming 4% of gross earnings), social security deduction (assuming 7.05% of gross earnings), total deductions, and net pay.

Question

Cherish Jarvis

Mathematics

21 May, 15:14

Given the pay rate and hours worked, determine the gross earnings, federal taxes (assuming 18% of gross earnings), state taxes (assuming 4% of gross earnings), social security deduction (assuming 7.05% of gross earnings), total deductions, and net pay.

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Jaydan Chaney · Answer 1

To get the current pay, $7.50 * 30. To get the Fed tax, $225 *.18. To get the State tax, $225 *.04. To get the social security deduction, $225 *.0705. Add the federal, state, and Social security deduction and you will get the total deduction. To get the Net. pay, take the current pay and subtract it with the total deduction.