Jeremy’s net income was $514.8
Step-by-step explanation:
The given is:
- Jeremy’s pay is $8.25 per hour
- Jeremy worked 78 hours in a month
- The pay statement showed a total of $128.70 in payroll taxes
We need to find what Jeremy’s net income was
The net income = total income - taxes
∵ Jeremy’s pay is $8.25 per hour
∵ Jeremy worked 78 hours in a month
- Jeremy's income = the pay for an hour × the worked hours
∴ Jeremy's income = 8.25 × 78
∴ Jeremy's income = $643.5 in a month
∵ There was $128.7 as taxes in his pay statement
∴ The taxes = $128.7
- Substitute the values of his income and the taxes in the
formula of the net income
∵ The net income = total income - taxes
∴ The net income = 643.5 - 128.7
∴ The net income = $514.8
Jeremy’s net income was $514.8
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