To calculate take-home pay after taxes for a bi-weekly gross income of $1,325 with a 12.5% tax rate, follow these steps:
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Calculate the total taxes withheld: \[ \text{Taxes} = \text{Gross Income} \times \text{Tax Rate} = 1,325 \times 0.125 = 165.625 \]
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Calculate the take-home pay: \[ \text{Take-Home Pay} = \text{Gross Income} - \text{Taxes} = 1,325 - 165.625 = 1,159.375 \]
So, the take-home pay after taxes is approximately $1,159.38.
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