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kolbaska11 [484]
3 years ago
5

Kerry worked 46 hours last week. His hourly rate is $9.60. He has the following deductions taken from his pay: federal income ta

x at the rate of 10 percent, Social Security tax at the rate of 6.2 percent, Medicare tax at the rate of 1.45 percent, health insurance premiums of $12.20, and union dues of $9.50. Kerry’s net pay for last week was $ .
Mathematics
1 answer:
KiRa [710]3 years ago
4 0

Answer:

  $341.96

Step-by-step explanation:

Assuming Kerry was not paid at an overtime rate for extra hours (despite his union affiliation), his gross pay is ...

  (46 h)×($9.60/h) = $441.60

His percentage deductions add to 17.65%, so will have a dollar amount of ...

  0.1765×$441.60 = $77.94

The dollar amount deductions total $21.70 in addition to his percentage deductions, so Kerry's net pay is ...

  $441.60 -77.94 -21.70 = $341.96

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