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Jamar earns a salary of $34,800 per year. his employer withholds 110 of this amount for federal taxes, and jamar puts 14 of his remaining salary in a savings account and spends the rest of his salary during the year. how much of his salary does jamar spend during the year, in dollars?

Sagot :

The total amount Jamar spends during the rest of the year is $22620.

Given case states that,

Jamar earns a salary of $34,800 per year. His employer withholds 1/10 of this amount for federal taxes.

And Jamar puts 1/4 of his remaining salary in a savings account and spends the rest of his salary during the year.

We need to determine how much does Jamar’s employer withhold in 1 year, in dollars.

Here,

Jamar earns a salary of $34, 800 per year

Amount paid to the federal taxes (FT);

FT = 1/10 * 34800

FT= $3480

Jamar puts 1/4 of their salary in savings let it be SA;

SA = 1/4 * 34800

SA = $8700

The total amount Jamar spends during the rest of the year is

= Total salary - FT - SA

= 34800 - 3480 - 8700

= $22620

Thus, the total amount Jamar spends during the rest of the year is $22620.

To learn more about Taxes click here:

brainly.com/question/12611692

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