Question
The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33,
income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
Please explain to me
income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
Please explain to me
Answers
Ms. Sue
15.16 + 29.33 = d
215 * 0.02 = i
215 * 0.01 = c
215 * 0.03 = r
Add d, i, c, and r.
Subtract from 215.
215 * 0.02 = i
215 * 0.01 = c
215 * 0.03 = r
Add d, i, c, and r.
Subtract from 215.