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Mathematics, 18.07.2020 01:01 cristalcastro901
You would like to have extra spending money, so you decided to work part-time at the local gym. The job pays $15.00 per hour and you work 20 hours per week. Your employer withholds 10% of your gross pay for federal taxes, 7.65% for FICA taxes, and 3% for state taxes.
Required:
a. What is your weekly gross pay?
b. How much is withheld per week for federal taxes?
c. How much is withheld per week for FICA taxes?
d. How much is withheld per week for state taxes?
e. What is your weekly net pay?
f. What percentage of your gross pay is withheld for taxes? Round to the nearest tenth of a percent.
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