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Elza [17]
3 years ago
11

Lauren has gross pay of $765 and federal tax withholdings of $68. Determine Lauren's net pay if she has the additional items wit

hheld:
Social Security tax that is 6.2% of her gross pay
Medicare tax that is 1.45% of her gross pay
State tax that is 22% of her federal tax
Mathematics
1 answer:
HACTEHA [7]3 years ago
3 0

Gross pay = 765
federal withholding tax = 68

Social security tax = 765 * 6.2% = 47.43
Medicare tax  = 765 * 1.45% = 11.09
State tax (22% of federal tax) = 68 * 22% = 14.96

765 - 68 - 47.43 - 11.09 - 14.96 = 623.52

<span>Lauren's net pay is 623.52 so the answer is D.</span>
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