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Jessica's monthly gross pay is $5,660. Each month she has $355 in deductions,
plus state tax of 3% of her gross pay, Social Security taxes of 6.2%, and Medicare takes
of 1.45%. What is her net pay?

Respuesta :

Answer:

The net pay of her will be $4702.21

Step-by-step explanation:

The State Tax plus Social Security Taxes plus Medicare takes (3 + 6.2 + 1.45) = 10.65% from Jessica's monthly gross pay.

If the gross pay is $5660 then the after the above deduction the remaining pay will be [tex]5660(1 - \frac{10.65}{100}) = 5057.21[/tex] dollars.

Now, again there is a deduction of $355 from her payment each month.

Therefore, the net pay of her will be = $(5057.21 - 355) = $4702.21 (Answer)

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