Ask
your own question, for FREE!
Mathematics
8 Online
OpenStudy (anonymous):
sdsdfsds
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
Find out what your gross income is. (40 x 10.25)= gross income,
Then deduct all of the taxes and expenses from that.
OpenStudy (anonymous):
Do you mind showing me what you did? I'll try to find the mistake.
OpenStudy (anonymous):
What did you get for gross income?
OpenStudy (anonymous):
(40 x 10.25)= gross income
OpenStudy (anonymous):
Your gross income is off.
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
The statement "40 hours/week over five days at a rate of $10.25/hour". means you work 8 hours each day for 5 days.
OpenStudy (anonymous):
40/5
OpenStudy (anonymous):
So what is your new gross income?
OpenStudy (anonymous):
Show me how you got it if you don't mind.
OpenStudy (anonymous):
Right, from $1375, if you add all of the taxes, 12% withheld for federal taxes, 7% for state taxes, and FICA is 7.65%. How much do you have left?
Join the QuestionCove community and study together with friends!
Sign Up
OpenStudy (anonymous):
Then subtract that from 725.
OpenStudy (anonymous):
no, If you have $1375, and you are taxed 12% + 7% +7.65%. What is the total tax that you pay?
OpenStudy (anonymous):
yes.
OpenStudy (anonymous):
$283.56
OpenStudy (anonymous):
$1,008.56 - $725.00
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!