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Author Question: Use the tables below to solve the problem. Round dollar amounts to the nearest cent and percents to ... (Read 364 times)

schs14

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Use the tables below to solve the problem. Round dollar amounts to the nearest cent and percents to the nearest tenth.



You decide to work part-time at a local supermarket. The job pays $8.50 per hour and you work 20 hours per week. Your employer withholds 10% of your gross pay for federal taxes, 5.65% for FICA taxes, and for state taxes.
(a) What is your weekly gross pay?
(b) How much is withheld per week for federal taxes?
(c) How much is withheld per week for FICA taxes?
(d) How much is withheld per week for state taxes?
(e) What is your weekly net pay?
percentage of your gross pay is withheld for taxes?
◦ (a) $170.00
(b) $17.00
(c) $9.61
(d) $3.40
(e) $139.99
(f) 17.7%
◦ (a) $200.01
(b) $3.40
(c) $9.61
(d) $17.00
(e) $170.00
(f) 0.2%
◦ (a) $200.01
(b) $17.00
(c) $9.61
(d) $3.40
(e) $17.00
(f) 17.7%
◦ (a) $170.00
(b) $1700.00
(c) $9.61
(d) $340.00
(e) $143.39
(f) 1205.7%


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Marked as best answer by schs14 on Feb 2, 2020

Jordin Calloway

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schs14

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Reply 2 on: Feb 2, 2020
Thanks for the timely response, appreciate it


epscape

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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