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Mathematics 16 Online
OpenStudy (anonymous):

4. 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 additional debt payments? A 541.80 B 381.16 C 490.06 D 696.60

OpenStudy (tkhunny):

Have you considered calculating the various amounts? FICA: 1935.00 * .0765 = 148.03 The other two?

OpenStudy (anonymous):

I have but the answer I had did not match. FICA 148.03 Federal 251.55 State 174.15 Minus and you still have like thousands left over.

OpenStudy (anonymous):

Its 490.06. I guessed for any of those who end up getting stuck too.

OpenStudy (tkhunny):

You're talking about real money, so you have to round to pennies. Okay, subtract all these deductions and see what you have left.

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