This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: John Davis had gross earnings of 500 last week. He is single and claims an allowance for himself ... (Read 108 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 24, 2018
John Davis had gross earnings of 500 last week. He is single and claims an allowance for himself only. The amount of one weekly withholding allowance is 65.38 . Using the Table for Single Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)

Question 2

A 1,00 . bond, with interest at 9 on January 1 and July 1, was purchased on September 12 at 86 plus accrued interest. Compute the entire purchase cost of the bond. (Assume a 360-day year and a commission of 5 per bond.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 24, 2018
Answer to Question 1

50.34

Answer to Question 2

883.25


imowrer

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Jun 24, 2018
Thank you :)


aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Single-gene inheritance tracked at the DNA level Single-gene inheritance tracked at the DNA level
John Muir John Muir
A properly mounted 12-lead, single channel ECG. A properly mounted 12-lead, single channel ECG.
Embryonic Period - 12th week Embryonic Period - 12th week
Single-serve pods of infant formula Single-serve pods of infant formula
Davis’s U-tube experiment Davis’s U-tube experiment
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library