Janet's gross pay is $750, from which $31 is deducted for OASDI, $10 for Medicare, and $14 for income tax. What is her net pay?

Question

A.
$695
B.
$709
C.
$719

Answer 1

To calculate Janet's net pay, we need to subtract the total deductions from her gross pay.

1. Gross Pay = $750
2. Deductions:
   • OASDI = $31
   • Medicare = $10
   • Income Tax = $14

Now, we sum the deductions:

\[ \text{Total Deductions} = 31 + 10 + 14 = 55 \]

Now, subtract the total deductions from the gross pay:

\[ \text{Net Pay} = \text{Gross Pay} - \text{Total Deductions} \] \[ \text{Net Pay} = 750 - 55 = 695 \]

So, Janet's net pay is $695.

The correct answer is A. $695.