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OLga [1]
2 years ago
13

Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insura

nce. What is Jose monthly net pay?
Business
1 answer:
Slav-nsk [51]2 years ago
5 0

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

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Sophia Company purchased equipment costing $120,000. The equipment has a residual value of $20,000 and an estimated useful life
mixer [17]

Answer:

Year 1 : $20000

Year 2 : $460000

Explanation:

Year 1 calculation:

120000-20000/50000*10000 =$20000

Year 2 calculation:

120000-20000/50000*23000=$46000

8 0
3 years ago
Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if
satela [25.4K]
This is going to based on the job you are working for, so for instance, if you are working for a doctors office (or you are an on call doctor) you would want to make sure that you leave an emergency contact number for the people calling.
Other jobs it would always be good to leave an alternate number to contact someone when you are out of the office, or just to reach someone to get information or finalize a deal. 

You will always want to make sure you leave your name. 

Hello, you have reached _____. I am unfortunately not able to come to the phone right now, or I am currently out of the office. Please feel free to contact me via email at [email protected]__.com or at this number if it is an emergency ___-___-____. I will be sure to give you a call back as soon as possible. 

Thank you for calling.

I would recommend writing it down so you know what you are going to say. Practice it some, and smile when you are saying it so you have that pleasant tone.<span />
7 0
3 years ago
Required Problems with behavioral finance include: I. The behavioralists tell us nothing about how to exploit any irrationality.
Natasha2012 [34]

Answer:

ALL OF THE ABOVE

Explanation:

Behavioral finance is an interesting mix of psychology and finance which deals with the effect of psychology on the behavior of investors.

Looking at the options given in the scenario they all show traits of investors behaving in a way that portrays psychological reaction

Hence it can be concluded that Problems with behavioral finance include ALL OF THE FOLLOWING:

I. The behavioralists tell us nothing about how to exploit any irrationality.

II. The implications of behavioral patterns are inconsistent from case to case, sometimes suggesting overreaction, sometimes underreaction.

III. As with technical trading rules, behavioralists can always find some pattern in past data that supports a behavioralist trait.

7 0
3 years ago
2. The purpose of loaded words in advertisements is to
Nonamiya [84]

The purpose of loaded words in advertisements is to influence the reader. Loaded words is a term used for words that can persuade a consumer to buy or use a product or service based on the way something was advertised. Usually, loaded words appeal to a consumers emotions and create a want or need for the product or service. These types of advertisements are used to appeal to a consumer emotionally rather than factually.

6 0
3 years ago
Read 2 more answers
Beginning three months from now, you want to be able to withdraw $3,600 each quarter from your bank account to cover college exp
anzhelika [568]

Answer:

$54,042.77

Explanation:

For computing the amount need to have in your bank today we need to apply the present value formula i.e to be shown in the attachment

Given that,  

Future value = $0

Rate of interest = 0.76%

NPER =  4 quarters × 4 = $3,600

PMT = $3,600

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after applying the above formula, the present value is $54,042.77

4 0
3 years ago
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