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LOT OF POINTS PLEASE HELP!

Mark earns $11.50 an hour and works 25 hours. He has the following weekly deductions:

Social Security Tax is 17.83
Medicare Tax is 4.17
Federal Tax is 43.13
State Tax is 11.50
What is his net pay?

asked
User Shantia
by
8.5k points

2 Answers

3 votes
$210.87 is your answer
answered
User Rgisi
by
7.8k points
2 votes

Answer:

To calculate Mark's net pay, we need to subtract the deductions from his gross earnings. Let's break down the calculation:

Gross earnings = Hourly rate * Number of hours worked

Gross earnings = $11.50/hour * 25 hours

Gross earnings = $287.50

Total deductions = Social Security Tax + Medicare Tax + Federal Tax + State Tax

Total deductions = $17.83 + $4.17 + $43.13 + $11.50

Total deductions = $76.63

Net pay = Gross earnings - Total deductions

Net pay = $287.50 - $76.63

Net pay = $210.87

Therefore, Mark's net pay is $210.87.

answered
User James Soubry
by
8.1k points

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