Question

Odelia earns $16,750 and has $2,870 withheld for taxes and $800 with-held for personal deductions. If she gets paid biweekly, what is the net pay of each paycheck?
a. $1,121.25 b. $503.08 c. $517.50 d. $1,425.50

Answer 1

$16,750 -$2,870 -$800 = $13,080

Biweekly means she is paid 26 times a year.
$13,080 ÷ 26 = 503.0769231

b. $503.08