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qwelly [4]
2 years ago
9

The gross income of Maurice Vaughn is $785 per week.His deductions are $42.25,FICA tax,$90.33,income tax,2% state tax,1% city ta

x and 3% retirement fund.what is his net income for one week
Mathematics
2 answers:
mixas84 [53]2 years ago
8 0

Gross income_____ $785.00

Less FICA__________-42.25

Less income tax_____-90.33

Less state taxª ______-15.70

Less city tax ² _______-7.85

Less retirement fund³_-23.55

---------------------------------------

David's net income__$605.32

=======================



ª$785 * .02 = $15.70

²$785 * .01 = _$7.85

³$785 * .03 = $23.55

boyakko [2]2 years ago
7 0
Gross income : 785 per week

deductions are :
FICA : 42.25
income tax : 90.33
2% state tax : 0.02(785) = 15.70
1% city tax : 0.01(785) = 7.85
3% retirement : 0.03(785) = 23.55
total deductions are : 42.25+90.33+15.70+7.85+23.55 = 179.68

gross pay - deductions = net pay
785 - 179.68 = net pay
605.32 = net pay <====

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