Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Get expert answers to your questions quickly and accurately from our dedicated community of professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Using the table below, what is Esmeralda's take-home pay?

\begin{tabular}{|l|l|l|l|}
\hline & Tyson & Esmeralda & Xavier \\
\hline Annual Salary & \[tex]$42,500 & \$[/tex]60,000 & \[tex]$32,000 \\
\hline Federal Income Tax & \$[/tex]8500 & \[tex]$12,000 & \$[/tex]6400 \\
\hline FICA & \[tex]$3251 & \$[/tex]4590 & \[tex]$2448 \\
\hline Disability Insurance & \$[/tex]2125 & \[tex]$3000 & \$[/tex]1600 \\
\hline Life Insurance & \[tex]$100 & \$[/tex]150 & \[tex]$75 \\
\hline
\end{tabular}

A. \$[/tex]21,437
B. \[tex]$28,524
C. \$[/tex]40,260
D. \$32,000


Sagot :

Sure! Let's break down the problem step-by-step to determine Esmeralda's take-home pay based on the information provided in the table.

1. Identify Annual Salary:
Esmeralda's annual salary is \[tex]$60,000. 2. Identify the Deductions: - Federal Income Tax: \$[/tex]12,000
- FICA: \[tex]$4,590 - Disability Insurance: \$[/tex]3,000
- Life Insurance: \[tex]$150 3. Calculate the Total Deductions: Sum up all the deductions: \[ \text{Total Deductions} = \$[/tex]12,000 + \[tex]$4,590 + \$[/tex]3,000 + \[tex]$150 = \$[/tex]19,740
\]

4. Calculate the Take-home Pay:
Subtract the total deductions from the annual salary:
[tex]\[ \text{Take-home Pay} = \$60,000 - \$19,740 = \$40,260 \][/tex]

Esmeralda's take-home pay is \[tex]$40,260. Therefore, the correct answer is: C. \$[/tex]40,260