Question

Manuel earns $639
each week working his full time job. His employer has a 9.84
% tax deduction on all monies earned each week.

Calculate the tax deduction he paid for that week.

Answer 1

To calculate the tax deduction Manuel paid for that week, you can use the formula:

\[
\text{Tax Deduction} = \text{Earnings} \times \text{Tax Rate}
\]

In this case, Manuel's earnings are $639 and the tax rate is 9.84%, which can be expressed as a decimal (0.0984) for the calculation.

Now plug in the values:

\[
\text{Tax Deduction} = 639 \times 0.0984
\]

Calculating that:

\[
\text{Tax Deduction} = 639 \times 0.0984 \approx 62.9036
\]

Rounding to two decimal places, the tax deduction Manuel paid for that week is approximately:

\[
\text{Tax Deduction} \approx 62.90
\]

So, Manuel paid approximately **$62.90** in tax deductions for that week.