Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

6. cory gets paid every two weeks. he works 40 hours per week at $7.75 per hour. cory has the following deductions: 8% for medical insurance, 12% for federal and state taxes, and 10% for retirement. cory's net pay will be $________.​

Sagot :

Answer:

$434

Step-by-step explanation:

Gross Pay

  • $7.75 per hour
  • 40 hours per week
  • Pay received every 2 weeks

⇒ Total gross pay = 7.75 × 40 × 2 = $620

Deductions

  • Medical insurance = 8%
  • Taxes = 12%
  • Retirement = 10%

⇒ Total deductions = 8% + 12% + 10% = 30%

Net Pay

Net Pay = Total Gross Pay - Total deductions

             = $620 - (30% of $620)

             = $620 - (0.3 × $620)

             = $620 - $186

             = $434

Therefore, Cory's net pay will be $434.

Answer:

I think it will be 434 rupues

Step-by-step explanation:

hope it will help you