Question

2. Realized income is also known as ____
a) gross pay
b) net income
c) real income
d) descretionary income

3) You are paid $12.75/hour. You work 40 hours/week for 4 weeks. Your involuntary deductions are FICA(7.65%), federal withholding (12%) and state withholding (7%). How much is your realized income?
a) $2,040.00
b)$510.00
c) $1,496.34
d) $374.08

Answer 1

Your gross pay is $1,935.00. Your involuntary deductions are FICA (7.65%), federal withholding (13%), and state withholding (9%), How much are you allowed for houing and fixed expenses?

Answer 2

2. A

Answer 3

Your gross pay is $1,935.00. Your involuntary deductions are FICA (7.65%), federal withholding (13%), and state withholding (9%), How much are you allowed for housing and fixed expenses?

Answer 4

2. B

Answer 5

Actually I am not sure, i am not good at this staff.

Answer 6

3. c $1,496.34

Answer 7

Your gross pay is $1,935.00. Your involuntary deductions are FICA (7.65%), federal withholding (13%), and state withholding (9%), How much are you allowed for housing and fixed expenses?
A. $541.80
B. $381.16
C. $490.06
D. $696.60

Answer 8

@terezi @SolomonZelman @kwarren

Answer 9

1. Luxuries
2. Net income
3. 1,495.34