Earnings

Deductions

Week Ended

Regular

FED. SOC. MED STATE

WITH. WITH. CARE. WITH.

NET PAY

4/15

$760.00

$50.00 $47.12 $110.20 $10.00

$542.68

Using the fact that Social Security is 6.2% and Medicare is 1.45% of gross pay, explain why the given net pay is not correct. Determine how the error can be corrected, and what the net pay should be.

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