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You are paid $10 per hour. You work 13 hours each week. Your taxes are federal, 10%; FICA, 7.65%; and state, 3%. You also contribute $30 to your company's retirement plan.
If you are paid weekly, how much is your realized income?

Sagot :

Answer:

77.05 hope this is correct and helps

Step-by-step explanation:

10x 13=130

130×.10=13

130×7.65%= 9.95

-30

130-13-9.95-30

msm555

If i paid weekly, I realized my income is $73.155.

Answer:

Solution given;

1 hour =$10

13 hour = 13*10=$130

Taxes

federal :10%

FICA:7.65%

state: 3%

contribute to company: $30

now

My income each week :

  • $130-10%of $130-7.65% of $130-3% of $130-$30
  • $130-$30-$13-$9.945-$3.9
  • $73.155