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3 years ago

Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?

Mathematics

2 answers:

ipn [44]3 years ago

8 0

Answer:

Chuck will get $686.67.

Step-by-step explanation:

Chuck has a gross pay of $815.70.

Federal tax of $56

Social Security tax that is 6.2% of his gross pay; $0.062\times815.70=50.57$ dollars

Medicare tax that is 1.45% of his gross pay; $0.0145\times815.70=11.82$ dollars

State tax that is 19% of his federal tax; $0.19\times56=10.64$ dollars

Total deductions are = $56+50.57+11.82+10.64=129.03$ dollars

Hence, Chuck's gross pay will be reduced by $129.03 and he will get $815.70-129.03$ = $686.67

lapo4ka [179]3 years ago

7 0

It will be minus $129.04

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