Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest

Question:

Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest cent.)

a. What is the federal tax (38%)?

b. What is the state tax (6.2%)?

c. What is the retirement deduction (10%)?

d. What are the miscellaneous deductions (4.5%)?

e. What is your take-home salary?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

See More Books

Question Posted: Jan 17, 2024 03:01 AM

See More Questions

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-4. Ivan and Irene paid the following in 2012 (all by check or can otherwise be...
Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local...
If Jody's records show $2,000 in investment by owner, $10,000 in net income, $5,000 in assets and $1,000 in owner's drawings. What is Jody's ending owner's equity on a statement of changes in owner's...
Surface temperatures on the Earth's moon (a) Estimate the surface temperature of our moon at the point nearest the sun by a quasi-steady-state radiant energy balance, regarding the lunar surface as...
A gray kangaroo can bound across level ground with each jump carrying it 10 m from the takeoff point. Typically the kangaroo leaves the ground at a 20 angle. If this is so: a. What is its takeoff...
This appeal involves the validity of a will executed in contravention of an earlier contract to make mutual wills. A husband and wife signed a contract to make mutual wills and then executed those...
Boyne University offers an extensive continuing education program in many cities throughout the state. For the convenience of its faculty and administrative staff and to save costs, the university...
Karen wishes to have $19,526 cash for a new car 5 years from now. How much should be placed in an account now, if the account pays 5.5% annual interest rate, compounded weekly?
Suppose your stock market portfolio was $251,000 at the start of 2000. By the start of 2002, the value was $112,950. a. What is the percent loss in the two-year period? b. What is the percent gain...
The sum of a number and twice its reciprocal is 3. What are the numbers?
Demographic studies conducted in a certain city indicate that the fraction of the residents that will remain in the city for at least t years is f(t) = e t/20 . The current population of the city is...
Water is being pushed through a pipe that has a 5 cm diameter at a rate of 2.0 cm/s. The pipe then enters a constriction as goes down to a smaller pipe of 3.0 cm in diameter. How fast is the water...
A ball with a mass of 0.50 kg and a speed of 6 m/s collides perpendicularly with a wall and bounces off with a speed of 4 m/s in the opposite direction. What is the magnitude of the impulse acting on...
A light source with an intensity I, is shining on a sequence of polarizers. What will be the intensity on the other side of the first polarizer? Now imagine that you place a second polarizer behind...
You are thinking about taking gymnastics, so you go to the facility and get an idea of what to expect by looking out from the viewing room. The viewing room window is 2.00 m above the trampoline...
Two spherical, nonconducting, and very thin shells of uniformly distributed positive charge Q and radius d are located a distance 12d from each other. A positive point charge q is placed inside one...
Perpetual Ltd. has issued bonds that never require the principal amount to be repaid to investors. Correspondingly, Perpetual must make interest payments into the infinite future. If the bondholders...
Organizations are increasing their use of personality tests to screen job applicants. What are some of the advantages and disadvantages of this approach? What can managers do to avoid some of the...
Using Eq. (94), compute the ratio of the average velocity to the maximum velocity of flow for the flow of a liquid through a concrete pipe with an inside diameter of 8.00 in with Reynolds numbers of...
Using Eq. (94), compute the ratio of the average velocity to the maximum velocity of flow in smooth pipes with Reynolds numbers of 4000, 10 4 , 10 5 , and 10 6 . Umax = v(1 + 1.43 VH)
The result for Problem 9.12 predicts that the average velocity for turbulent flow will be found at a distance of 0.216r o from the wall of the pipe. Compute this distance for a 24-in Schedule 40...
Given the periodic function 0 0x and x < 2 f(x) = 5 2x and x < 4 (x+4) otherwise and its graph is displayed below. 6 4 y 3- 2- 1 -4 -2 2 4 6 8 X -1 The function may be approximated by the Fourier...
Find the number of square feet in a lot with a frontage of 75 ft, 6 inches and a depth of 140 ft 9 inches. What would be the cost of blacktopping the lot described in the part above, with a 3-inch...
Find the directional derivative of f(x, y) = x - y at the point (1, 2) in the direction of (3, 1). (Give an exact answer.)

Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest

Question:

Step by Step Answer:

a 0387415 281770 b 00627415 4...View the full answer

Nature Of Mathematics

Students also viewed these Sciences questions