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Claire4christ

  • 2 years ago

Ginny Jones receives $624 gross salary biweekly. Her income tax rate is 14%. Her grohealth plan contribution is $4.25 per pay period. She belongs to the company retiremeto which she contributes 6% of her earnings. She is also covered under Social Securitybenefits. Her current contribution is 6.05%. If these items are all her deductions, what is her take-home pay per period? Ginny gets a $35 raise per pay period. If her health plan is unchanged, how much of the will she have to take home? ____

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  1. Chlorophyll
    • 2 years ago
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    Multiply percentage one by one with $624, then add them to get total induction!

  2. Claire4christ
    • 2 years ago
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    but what do you do with 4.25

  3. Claire4christ
    • 2 years ago
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    you mulitply that 2

  4. Chlorophyll
    • 2 years ago
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    Add them together with the total induction!

  5. Chlorophyll
    • 2 years ago
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    *Add $4.25

  6. Chlorophyll
    • 2 years ago
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    Take-home pay period = $624 - total inductions

  7. Claire4christ
    • 2 years ago
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    so i got 624x0.14=87.36

  8. Chlorophyll
    • 2 years ago
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    This sentence makes no sense! " how much of the (?) will she have to take home?

  9. Claire4christ
    • 2 years ago
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    624x0.06=37.44

  10. Chlorophyll
    • 2 years ago
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    Yes, keep going as my instruction!

  11. Claire4christ
    • 2 years ago
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    how much will she take home

  12. Claire4christ
    • 2 years ago
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    624x0.0605=37.75

  13. Chlorophyll
    • 2 years ago
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    " how much of the (?) will she have to take home? It seems how much of (some period of time)

  14. Claire4christ
    • 2 years ago
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    so if i add them together i get 162.55

  15. Chlorophyll
    • 2 years ago
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    Ok!

  16. Claire4christ
    • 2 years ago
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    is that right

  17. Chlorophyll
    • 2 years ago
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    I don't keep track of calculations!

  18. Chlorophyll
    • 2 years ago
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    It's just a plug and play with your calculator, you should check your own work!

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