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17 January, 22:21

Janice works for a salary of $2,396 per month. She has federal income tax withheld at the rate of 15 percent, Social Security tax at the rate of 6.2 percent, Medicare tax at the rate of 1.45 percent, and health insurance premiums of $95 per month. Janice's net pay is

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  1. 18 January, 01:57
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    Her pay will be ...

    ... $2396 * (100% - 15% - 6.2% - 1.45%) - $95

    ... = $2396 * 0.7735 - 95

    ... = $1758.31
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Home » Mathematics » Janice works for a salary of $2,396 per month. She has federal income tax withheld at the rate of 15 percent, Social Security tax at the rate of 6.2 percent, Medicare tax at the rate of 1.45 percent, and health insurance premiums of $95 per month.
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