Welcome to Westonci.ca, the place where your questions are answered by a community of knowledgeable contributors. Discover comprehensive solutions to your questions from a wide network of experts on our user-friendly platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

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

#SPJ4

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.