The gross income is $215 per week the deductions are $15.16,$29.33,2%,1%, and 3% what is the net income

Question

Mathematics

Kayla Williams

18 January, 22:20

The gross income is $215 per week the deductions are $15.16,$29.33,2%,1%, and 3% what is the net income

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Sage Short · Answer 1

State tax = 2% of $215 = 0.02 x $215 = $4.30

city tax = 1% of $215 = 0.01 x $215 = $2.15

retirement fund = 3% of $215 = 0.03 x $215 = $6.45

Total deductions = $15.16 + $29.33 + $4.30 + $2.15 + $6.45 = $57.39

Net income = $215 - $57.39 = $157.61