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LUCKY_DIMON
19 hours ago
6

Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?

Mathematics
2 answers:
PIT_PIT [3.9K]19 hours ago
8 0

Answer:

Chuck will receive $686.67.

Step-by-step explanation:

Chuck's gross pay amounts to $815.70.

The federal tax is $56.

Social Security tax is 6.2% of his gross pay, resulting in 0.062\times815.70=50.57 dollars.

Medicare tax is 1.45% of his gross pay, equating to 0.0145\times815.70=11.82 dollars.

The state tax is 19% of his federal tax, totaling 0.19\times56=10.64 dollars.

The cumulative deductions equal 56+50.57+11.82+10.64=129.03 dollars.

Thus, Chuck's gross pay will be reduced by $129.03, leading to a net of 815.70-129.03 = $686.67.

tester [3.9K]19 hours ago
7 0
Chuck's gross pay will decrease by $129.04.
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