Mathematics, 04.10.2021 19:10 shakira11harvey6
Nathaniel is an insurance underwriter. He earns $31.45 per hour, is paid weekly, and works 40 hours per week. He is married and claims four
withholding allowances. Nathaniel lives in a state with a flat-rate income tax of 5.3%. He will receive a 5.25% raise,
1. How much more will Nathaniel make each week?
2. Determine the change in Nathaniel's net pay per paycheck.
(Hint: Net pay before raise= $989.09; Federal withholdings after raise = $117.00; don't forget social security and medicare tax)
Answers: 3
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Nathaniel is an insurance underwriter. He earns $31.45 per hour, is paid weekly, and works 40 hours...
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