Asked by Queen

how do solve a math question that states an employee has an annual salary of 26,965. after he arranges to have deducted from his salary 12% for the purchase of bonds, 17% for federal withholding tax, and 3% for a retirement fund, how do you solve this problem?
Answered by Ms. Sue
Are you looking for the amount of his take home pay?

Answered by Ms. Sue
Is the purchase for bonds come from his taxable income? Or is it figured after the tax is withheld?

Answered by Jan
17+12+3=32%

26,965.00*0.32=8,626.80

26,965.00-8,626.00=18,336.20
Answered by Anonymous
1528.02
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