Figure out Samuel's Net Pay using the following information. Gross Monthly Earnings $4,200 Social Security Tax Rate 6.2% Medicare Tax Rate 1.45% Net Pay__________

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JelteF · Answer 1 · 2018-04-19T16:45:02+0000

Gross monthly earnings = $4,200
Social Security Tax = 0.062*4200 = $260.40
Medicare tax = 0.0145*4200 = $ 60.90

Net pay = 4200 - 260.40 - 60.90 = $3,878.70

Answer: $3,878.70

Figure out Samuel's Net Pay using the following information. Gross Monthly Earnings $4,200 Social Security Tax Rate 6.2% Medicare Tax Rate 1.45% Net Pay__________

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