Answer:
Weekly net pay is $36790
Weekly gross pay is $41600
Step-by-step explanation:
Net pay is the gross pay minus taxes
Net pay = gross pay - taxes
Gross pay = hours worked * hourly rate
Net pay = hours worked * hourly rate - taxes
We know the
hours worked = 40
Hourly rate = 20
tax rate = 185 bi weekly = 185/2 = 92.5 weekly
Net pay = 40 * 20 - 92.5
Net pay = 800-92.5
Net pay = 707.5
This is the weekly net pay
Assuming we work 52 weeks a year
Weekly net pay is 52* 707.5 = 36790
Weekly gross pay is 40*20 * 52 = 41600