Brian would like to get a new cell phone plan. he would like to know what monthly payment he can afford. he should _____.create
1 answer:
You might be interested in
Answer:
The correct answer is option C.
Explanation:
The price of wine has risen from $7 to $9 per bottle and the price of cheese has fallen from $6 to $5 per pound.
Anne’s income has stayed fixed at $46 per week.
Anne has been buying 4 bottles of wine and 2 pounds of cheese per week.
At the initial price she was spending
=
= $28 + $12
= $40
After the price change she has to spend
=
= $36 + $10
= $46
Since she has to spend more to consume the same level of output, we can say that Anne is worse off.
The net pay of Marilyn will increase by $18.15 due to the increase in the federal withholding allowances from 3 to 4.
<h3>The computation of net pay considering various federal withholding allowances</h3>Given,
Gross pay =$810
3 Federal withholding allowances =$37 (taken from the reference table)
4 Federal withholding allowances =$22 (taken from the reference table)
Federal state tax rate =21%
First, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:
Now, the state tax rate and the total amount of withholding for 4 Federal withholding allowances are computed:
The difference in the net pay will be the difference between $44.77 and $26.62, which is $18.15.
Therefore, Marilyn withholding will decrease from $44.77 to $26.62 that is increasing the net pay by $18.15
Learn more about federal-state tax, refer to the link: