Asked by Abby

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, what is the amount of his monthly check?
Answered by Viv
Answer:$1,528.02

$26,965/12(months)= $2,247.08

12%+17%+3% = 32%

2,247.08 * .32 = 719.06

2747.08 - 719.06 = 1528.06
Answered by Smiley
the last step not clear where did the 2747.08 come from
Answered by Sylvia D.
26965/12=2247.08
2247.08*12%=269.65
2247.08*.17%=382.00
2247.08*3% =67.41
2247.08-(269.65+382+67.41)=1528.02
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