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vitfil [10]
3 years ago
13

You earn $8.50 an hour you work 32 hours a week your deductions are FICA 7.65% federal tax withholding 10.6% and state tax withh

olding 8.25% how much do you have direct deposited by week
Mathematics
1 answer:
Schach [20]3 years ago
8 0
Firs, we are going to calculate how much you earn per week prior deductions. We know from our problem that you earn <span>$8.50 an hour you work 32 hours a week, so your income per week will be the multiplication of number of worked hours by the amount you earn per hour:
(</span>$8.50)(32)=$272

Next, we are going to calculate the total percentage of your mandatory deductions; to do it we are going to add the FICA, federal tax withholding, and state tax withholding percentages:
Total deduction=7.65% + 10.6% + 8.25% = 26.5%

Next, we are going to multiply your weekly income by the percentage of your total deductions to find how much of your weekly income is deduced:
($272)(26.5%)=$72.08

Finally, to find the actual value of your weekly direct deposit, we are going to subtract your deductions from your weekly income:
$272 - $72.08 = $199.92

We can conclude that you will have $199.92 deposited each week.
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