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Mars2501 [29]
2 years ago
5

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% c

ity tax; and 3% retirement fund. What is his net income for one week?
Mathematics
1 answer:
vivado [14]2 years ago
3 0
State tax = 2% of 785 = 0.02 x 785 = $15.70
city tax = 1% of 785 = 0.01 x 785 = $7.85
retirement fund = 3% of 785 = 0.03 x 785 = $23.55

Total deductions = $42.25 + $90.33 + $15.70 + $7.85 + $23.55 = $179.68

Net income = $785 - $179.68 = $605.32
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