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yanalaym [24]
3 years ago
8

The gross income of Maurice Vaughn is $785 per week. His deductions are $42.25, FICA tax; $90.33, income tax; 2% state tax; 1% c

ity tax; and 3% retirement fund. What is his net income for one week?
Mathematics
2 answers:
lozanna [386]3 years ago
8 0
Gross weekly income of Maurice Vaughn = $785
State tax deduction = 2% of $785
                                =(2/100) * 785 dollars
                                = 15.79 dollars
City tax deduction = 1% of $785
                             = (785/100) dollars
                             = 7.85 dollars
Retirement fund deduction = 3% of $785
                                           = (3/100) * 785 dollars
                                           = 23.55 dollars
FICA tax deduction = $42.25
Income tax deduction = $90.33
Then
Net income for one week = 785 - (42.25 + 90.33 + 15.79 + 7.85 + 23.55) dollars
                                         = 785 - 179.77 dollars
                                         = 605.23 dollars
Ksju [112]3 years ago
8 0

The answer is $605.32 dollars.

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==============================

Explanation:

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