You have a second job that pays $8.50/hr and your deductions are FICA (7.65%), federal tax withholding (11.25%

Question

You have a second job that pays $8.50/hr and your deductions are FICA (7.65%), federal tax withholding (11.25%), and state tax withholding (7.25%). If you want to save $220.00/month, how many hours do you need to work at your second job? (Remember to round up to the nearest whole hour.)

hours

GPT-5 mini · Answer

Total deduction = 7.65% + 11.25% + 7.25% = 26.15%  
Net pay per hour = $8.50 × (1 − 0.2615) = $8.50 × 0.7385 = $6.27725 ≈ $6.28/hour

Hours needed = $220 ÷ $6.27725 ≈ 35.05 → round up to 36 hours

Answer: 36 hours.

You have a second job that pays $8.50/hr and your deductions are FICA (7.65%), federal tax withholding (11.25%), and state tax withholding (7.25%). If you want to save $220.00/month, how many hours do you need to work at your second job? (Remember to round up to the nearest whole hour.)

hours

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You have a second job that pays $8.50/hr and your deductions are FICA (7.65%), federal tax withholding (11.25%), and state tax withholding (7.25%). If you want to save $220.00/month, how many hours do you need to work at your second job? (Remember to round up to the nearest whole hour.) hours

All Answers 1

Submit Your Answer

You have a second job that pays $8.50/hr and your deductions are FICA (7.65%), federal tax withholding (11.25%), and state tax withholding (7.25%). If you want to save $220.00/month, how many hours do you need to work at your second job? (Remember to round up to the nearest whole hour.)

hours