Ginny Jones receives $624 gross salary biweekly. Her income tax rate is 14%. Her grohealth plan contribution is $4.25 per pay period. She belongs to the company retiremeto which she contributes 6% of her earnings. She is also covered under Social Securitybenefits. Her current contribution is 6.05%. If these items are all her deductions, what is her take-home pay per period? Ginny gets a $35 raise per pay period. If her health plan is unchanged, how much of the will she have to take home? ____
Multiply percentage one by one with $624, then add them to get total induction!
but what do you do with 4.25
you mulitply that 2
Add them together with the total induction!
*Add $4.25
Take-home pay period = $624 - total inductions
so i got 624x0.14=87.36
This sentence makes no sense! " how much of the (?) will she have to take home?
624x0.06=37.44
Yes, keep going as my instruction!
how much will she take home
624x0.0605=37.75
" how much of the (?) will she have to take home? It seems how much of (some period of time)
so if i add them together i get 162.55
Ok!
is that right
I don't keep track of calculations!
It's just a plug and play with your calculator, you should check your own work!
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