asked 192k views
3 votes
Chad Palmer's gross weekly salary as a logger is $ 630. He pays 6.2% Social Secu rity tax, 1.45% Medicare tax, and $14.20 for health insurance . What is Chad's monthly net pay?

asked
User Fumio
by
8.5k points

1 Answer

7 votes

Weekly salary= $630

Social security tax = 6.2%

Medicare tax = 1.45%

Helath insurance = $14.20

Multiply by the weekly salary by 4 , to obtain the monthly net pay:

630 x 4 = $2,520

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