Given the pay rate and hours worked, determine the gross earnings, Federal taxes (assuming 20% of gross earnings), state taxes (assuming 6% of gross earnings), social security deduction (assuming 6.45% of gross earnings), total deductions, and net pay.

Answer: Total deductions = 0.3245ab and Net pay = 0.6755ab

Step-by-step explanation:

Suppose, the pay rate = a dollar per hour

And hours worked = b hours

Gross earning = the pay rate x hours worked

Gross earning = ab

Deductions are:

Federal taxes = 20% of gross earnings = 20/100 x ab = 0.2ab dollars

State taxes = 6% of gross earning = 6/100 x ab = 0.06ab dollars

Social security deduction = 6.45% of gross earning = 6.45/100 x ab = 0.0645ab

So,

The total deduction = federal taxes + state taxes + social security deduction

The total deduction = 0.2ab + 0.06ab + 0.0645ab = 0.3245ab dollars

And

Net pay = gross earning - total deduction

Net pay = ab - 0.3245ab = 0.6755ab dollars