3.8 net pay, total dect, health,fica,ss,medicare,fed

1. An accountant receives a yearly salary of $72,000. Find his monthly salary.

• 600.00

• 6000.00

• 864,000.00

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

8. Bob earns $3,300 monthly. How much does he make in a year?

• 285

• 36,000

• 39,600

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

12. A teaching assistant receives a yearly salary of $26,000. Find his weekly salary.

• 500

• 2166.67

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.1

The Social Security deduction is withheld at a standard rate of 6.2%. Suppose your gross pay this week is $500. How much Social Security tax is withheld from your paycheck?

• $469

• $25

• $31

• $250

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

The Medicare deduction is withheld at a standard rate of 1.45%. Suppose your gross pay this week is $750. How much Medicare tax will be withheld from your paycheck?

• $11.75

• $690

• $5.39

• $10.88

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

After exemptions, a person's annual gross pay is $54,800. If the state income tax rate is 5%, what is the annual deduction for state income tax?

• $5

• $105.38

• $2,740

• $5,480

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

What is the medicare tax (1.45%) withheld for waiter making $300 weekly?

• $4.35

• $55

• $6.7

• $5.35

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

What is the social tax (6.2%) withheld of a waiter making $400 weekly?

• $27.2

• $24.8

• $26

• $32

Tags

CCSS.7.RP.A.3

What are your total deductions, if you deductions are as follows: Federal Tax $154.53, Social Security $56.74, Medicare $14.15, and health insurance premiums $48?

• $236.47

• $198.47

• $190.80

• $273.42

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Jackie Douglas is an airline mechanic. Her company pays 80% of the $13,500 of the annual cost of group health insurance. How much does she pay for it per pay period. She is paid weekly. (52 pay periods)

• $209.16

• $53.92

• $206.15

• $51.92

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3