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21 December, 12:37

The gross income is $215 per week the deductions are $15.16,$29.33,2%,1%, and 3% what is the net income

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  1. 21 December, 12:57
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    State tax = 2% of $215 = 0.02 x $215 = $4.30

    city tax = 1% of $215 = 0.01 x $215 = $2.15

    retirement fund = 3% of $215 = 0.03 x $215 = $6.45

    Total deductions = $15.16 + $29.33 + $4.30 + $2.15 + $6.45 = $57.39

    Net income = $215 - $57.39 = $157.61
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