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Mathematics 22 Online
OpenStudy (anonymous):

Martin Peters earns $6.10 per hour for the first 40 hours each week. he is paid 1 1/2 times his regular pay for all hours over 40. Last week he worked 52 hours. how much is his gross pay? find the FICA tax at 7.65% find his net pay if other taxes and deduction totaled $73.90.

OpenStudy (jdoe0001):

he worked 52 hours last week so he really worked 40 + 12 hours 40 hours were paid at $6.10 12 hours were paid at rate and a half, that is \(\begin{array}{ccllll} rate&percent \\\hline\\ 6.10&100\\ x&150 \end{array}\implies \cfrac{6.10}{x}=\cfrac{100}{150}=\square \\ \quad \\ \textit{12 hours at that rate is }12\square \) sum both hourly wages, to get his gross pay

OpenStudy (jdoe0001):

his federal tax, FICA, is 7.65% of his gross amount.... so \(\bf {\color{red}{ 7.65}}\%\ of \ \textit{gross pay}=\cfrac{{\color{red}{ 7.65}}}{100}\times \textit{gross pay}\) his net pay will be "gross pay" - "all deductions or 73.90"

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