Ask Question
17 August, 03:59

The Porters are moving because Mr. Porter got a new job. Until Mrs. Porter finds a job in the new city, the Porter family will live on Mr. Porter's salary. In the new city, his gross pay is $7,500 per month. His deductions include the following:

Federal income tax $1,400

State income tax $535

Social Security $415

Medicare $150

What is Mr. Porter's net pay each month?

5,000

6,100

6,500

7,500

+2
Answers (1)
  1. 17 August, 05:29
    0
    Since in total the cost of all the taxes Mr. Porter pays is $2500 you subtract that from his monthly $7500 salary and get $5000 as his net pay or overall pay for the month.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The Porters are moving because Mr. Porter got a new job. Until Mrs. Porter finds a job in the new city, the Porter family will live on Mr. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers