The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1
% city tax; and 3% retirement fund. What is her net income
1 answer:
<span>$15.16, FICA tax
</span><span>$29.33, income tax
</span><span>2% state tax = 215 x 0.02=$4.3
</span><span>1% city tax = 215 x 0.01 = $2.15
</span><span>3% retirement fund = 215 x 0.03 = $6.45
</span>
$15.16 + $29.33 + $4.3 + $2.15 + $6.45 = $57.39
$215 -$57.39 =$157.61
net income = $157.61
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