Dawn is verifying the accuracy of her paycheck. She earns $12 an hour and works 40 hours each week. Herr biweekly deductions are Social Security 6.2%. Medicare 1.45%, federal withoutholding tax $73.25, state withholding tax $22.50, and health insurance $37.47. What is her net pay if she is paid biweekly?

Question

Mathematics

Lincoln Cochran

9 July, 14:41

Dawn is verifying the accuracy of her paycheck. She earns $12 an hour and works 40 hours each week. Herr biweekly deductions are Social Security 6.2%. Medicare 1.45%, federal withoutholding tax $73.25, state withholding tax $22.50, and health insurance $37.47. What is her net pay if she is paid biweekly?

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Answers (1)

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Shania Cortez · Answer 1

Answer: $ 753.34

Step-by-step explanation:

Since, here She earns $12 an hour and works 40 hours each week.

Therefore, her earning in two weeks = 2 * 12 * 40 = $ 960

Now, Her biweekly deductions are Social Security 6.2%. Medicare 1.45%, federal with out holding tax $73.25, state withholding tax $22.50, and health insurance $37.47.

Therefore, Her total deduction = (6.2+1.45) % of 960 + (73.25+22.50+37.47) = 73.44+133.22 = 206.66

Since, Net pay is the amount of payee after deductions have been taken from the his gross pay.

Therefore, Net pay = total amount - total deduction = 960 - 206.66 = $ 753.34