To find the amount deducted from each paycheck, we need to first calculate Chris's annual net pay.
Since she is paid biweekly, we can start with her biweekly net pay:
$475.50 x 26 (pay periods in a year) = $12,381
Next, we can subtract her annual net pay from her gross income to find the total amount that is being deducted:
$19,500 - $12,381 = $7,119
Finally, we can divide this total amount by the number of pay periods in a year (26) to find the amount deducted per paycheck:
$7,119 รท 26 = $274.50
Therefore, the answer is b. $274.50.
Chris's net pay is $475.50 biweekly. If her gross annual income is
$19,500, how much is deducted from each paycheck?
a. $337
b. $274.50
c. $713.70
d. $750
1 answer