teetee3255 teetee3255

06-03-2019
Mathematics

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Tom Lynd is paid $290.00 a week. His employer deducts 7.65% for social security taxes and $54.10 for withholding taxes and pension. What was Tom’s net pay?

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sana1006 sana1006

06-03-2019

Answer = $213.72
[tex] \frac{7.65}{100} \times 290 = 22.185[/tex]
[tex]290 - 22.185 - 54.10 = 213.715[/tex]
Net pay = $213.72 (Rounded off to 2 decimal points)

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