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kotegsom [21]
3 years ago
10

Bill is paid bi-weekly and has a gross pay of $1500 for each pay period. He pays Social Security at a rate of 6.2%, Medicare at

a rate of 1.45%, and pays combined taxes of 16.2%. What will be his net paycheck be if those are the only deductions?
Group of answer choices

$1142.25

$1360.95

$1210.15

$139.05
Mathematics
2 answers:
adelina 88 [10]3 years ago
6 0

Answer: A) $1142.25

Step-by-step explanation:

Important Rule: Gross pay - Deduction

  • Gross pay = 1500                              
  • SS Tax = 6.2% <u>converts --></u> .062    
  • Medicare = 1.45% <u>converts --></u> .0145
  • Income = 16.2% <u>converts --></u> .162

NOW MULTIPLY

(1500)(0.62) = 93

(1500)(.0145) = 21.75

(1500)(.162) = 243

ADD ALL OF THESE TOGETHER

243 + 21.75 + 93 = 357.75 [Total Deduction is 357.75]

Remember that Gross Pay minus Deduction equals our Answer!

1500 - 357.75 = $1142.25

<em>Hope I helped you understand!</em>

Ivenika [448]3 years ago
5 0

Answer:

$1,142.25

Step-by-step explanation:

Gross = $1500

Deductions = 6.2% + 1.45% + 16.2% = 23.85%

100% - 23.85% = 76.15%

100% = 1500

76.15$ = x

By cross multiplication

100x = 1500 * 76.15

x = $1,142.25

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Find the linear regression equation for the transformed data. x=1,2,3,4,5 y=13,19,37,91,253 log y=1.114,1.279,1.568,1.959,2,403
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Answer:

The answer is OPTION (D)log(y)=0.326x+0.687

<h2>Linear regression:</h2>

It is a linear model, e.g. a model that assumes a linear relationship between the input variables (x) and the single output variable (y)

The Linear regression equation for the transformed data:

We transform the predictor (x) values only. We transform the response (y) values only. We transform both the predictor (x) values and response (y) values.

(1, 13) 1.114

(2, 19) 1.279

(3, 37) 1.568

(4, 91) 1.959

(5, 253) 2.403

X            Y           Log(y)

1              13           1.114

2             19         1.740

3             37        2.543

4             91        3.381

5            253      4.226

Sum of X = 15

Sum of Y = 8.323

Mean X = 3

Mean Y = 1.6646

Sum of squares (SSX) = 10

Sum of products (SP) = 3.258

Regression Equation = ŷ = bX + a

b = SP/SSX = 3.26/10 = 0.3258

a = MY - bMX = 1.66 - (0.33*3) = 0.6872

ŷ = 0.3258X + 0.6872

The graph is plotted below:

The linear regression equation is  log(y)=0.326x+0.687

Learn more about Linear regression equation here:

brainly.com/question/3532703

#SPJ10

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The answer is 27 because the cubed root is 3
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