Suppose that you work at the Peawingspan Blue store for 40 hours over 5 days at a rate of $8.75/hour. You then quit your job. Deductions are FICA(7.65%), federal withholding(12%), and state withholding(8%). Your expenses are transportation at $4.25/day, lunch at $3.85/day and black slacks for work at 29.95. How much is your discretionary income for the week? $182.77 $212.72 $233.97 $269.55
i answer it 212.72
Please stay, I need help with another question.
ok
You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state that you pay nothing until the 12 months are over. When you receive the bill, you forget to pay it and are assessed a late fee of $39.00 plus the interest accured to that point at 14.25% APR. How much interest will you be charged? $130.25 $136.48 $130.92 $124.69
130.92
I'm sorry, just a few more questions. I'm in a hurry.
You invest $4,000 for 6 months at a 4.25% APR. How much interest will you earn? $850.00 $85.00 $102.00 $1,020.00
If you have 12% withheld for federal taxes, 7% for the state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $1,375.00 and your net income was $725.00? $650.00 $193.21 $366.44 $283.56
$283.56
What about the other one?
$85.00
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