BM427 Net Pay (#2)

Last updated almost 5 years ago
6 questions
1

Anna DeMarco has a semi-monthly gross pay of $4,809. With each paycheck, she pays $150 into a retirement fund. Her income tax is $688.12 per check. Calculate her NET PAY for each paycheck she receives. Include all of your entries in the table provided in the "show your work" space.

1

William Sykes gets paid biweekly. His yearly salary is $73,044. The amount of money taken out of each of his checks for income tax is $263.46. Calculate his NET PAY for each paycheck he receives. Include all of your entries in the table provided in the "show your work" space.

1

Beth Farinacci has gross weekly earnings of $588. Of her gross earnings, 4% is deducted from each check for her retirement fund and $27.48 is deducted for health insurance. The income tax amount that she pays in each check is $52.31. Calculate her NET PAY for each paycheck she receives. Include all of your entries in the table provided in the "show your work" space.

1

Anita Hill earns a gross pay of $983 semi-monthly. Her income tax is $166.25 per check. She also pays $12.83 each pay period for health insurance. Calculate her NET PAY for each paycheck she receives. Include all of your entries in the table provided in the "show your work" space.

1

Dwight Harris gets paid weekly. His gross pay per week is $525 and he pays $21.94 for insurance coverage. His income tax is $19.21 per check. Calculate his NET PAY for each paycheck he receives. Include all of your entries in the table provided in the "show your work" space.

1

Julius Erving gets paid biweekly and receives a gross pay of $3654 per check. He puts 5% of his earnings into a retirement fund. He pays $730.80 in income tax and $65.89 in insurance premiums each check. Calculate his NET PAY for each paycheck he receives. Include all of your entries in the table provided in the "show your work" space.