QUESTIUN 3 Adam works at an electronics store, earning $10.25 an hour, and is paid time and a half for any overtime. Last <

Question

QUESTIUN 3

Adam works at an electronics store, earning $10.25 an hour, and is paid time and a half for any overtime. Last

week, he worked 48 hours. His federal tax withheld is 15% and his state tax withheld is 4%. Social Security and

Medicare taxes are also withheld. Determine his net pay for the week. “

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Iris 1 week 2021-10-12T12:20:36+00:00 1 Answer 0

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    2021-10-12T12:22:27+00:00

    Answer: Net pay for the week is $560.88.

    Step-by-step explanation:

    Since we  have given that

    Cost per hour = $10.25

    Number of hours = 48

    So, total cost would be

    48\times 10.25\\\\=\$492

    Rate of federal tax = 15%

    Rate of state tax = 4%

    Total tax rate = 15+4=19%

    So, Amount of tax would be

    \dfrac{19}{100}\times 492\\\\=0.14\times 492\\\\=\$68.88

    So, Total net pay for the week would be

    492+68.88\\\\=\$560.88

    Hence, net pay for the week is $560.88.

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