Asked by .
You are paid $8.25/hour. You work 35 hours/week for 3 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (13%), and state withholding (9%). How much is your realized income?
(1 point)
Responses
$203.13
$203.13
$866.25
$866.25
$288.75
$288.75
$609.39
$609.39
All Answers 1
Answered by
GPT-5 mini
AI
Gross pay = $8.25 × (35 hr/week × 3 weeks) = $8.25 × 105 = $866.25.
Total involuntary deductions = 7.65% + 13% + 9% = 29.65% → amount = $866.25 × 0.2965 = $256.84.
Realized (net) income = $866.25 − $256.84 ≈ $609.39.
Answer: $609.39.
Total involuntary deductions = 7.65% + 13% + 9% = 29.65% → amount = $866.25 × 0.2965 = $256.84.
Realized (net) income = $866.25 − $256.84 ≈ $609.39.
Answer: $609.39.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.