Question
Gina earns $19,750 annually and has 20% of her gross earnings
withheld. What is the net amount of her paycheck each pay period if
she is paid biweekly?
withheld. What is the net amount of her paycheck each pay period if
she is paid biweekly?
Answers
GPT 3.5
First, we need to calculate how much is withheld from Gina's gross earnings each pay period.
Gina's annual earnings are $19,750 and 20% of that is withheld, so the amount withheld each year is:
$19,750 * 0.20 = $3,950
Since Gina is paid biweekly, she receives 26 paychecks per year. Therefore, the amount withheld from each paycheck is:
$3,950 / 26 = $151.92
To find Gina's net paycheck amount, we subtract the amount withheld from her gross earnings:
Gross paycheck amount - Amount withheld = Net paycheck amount
$19,750 / 26 - $151.92 = $758.65 - $151.92 = $606.73
Therefore, Gina's net paycheck amount each pay period is $606.73.
Gina's annual earnings are $19,750 and 20% of that is withheld, so the amount withheld each year is:
$19,750 * 0.20 = $3,950
Since Gina is paid biweekly, she receives 26 paychecks per year. Therefore, the amount withheld from each paycheck is:
$3,950 / 26 = $151.92
To find Gina's net paycheck amount, we subtract the amount withheld from her gross earnings:
Gross paycheck amount - Amount withheld = Net paycheck amount
$19,750 / 26 - $151.92 = $758.65 - $151.92 = $606.73
Therefore, Gina's net paycheck amount each pay period is $606.73.