Reginald Wallace's gross weekly salary is $515. His weekly federal withholding is $55. The Social Security tax is 6.2% of the first $97,500 he earns. The Medicare tax is 1.45% of gros pay. The state tax is 1.5% of gross pay. Each week he pays $12.40 for medical insurance. How much is deducted from Reginald's weekly wages for state tax and Medicare tax?
Reginald Wallace's gross weekly salary is $515. His weekly federal withholding is $55. The Social Security tax is 6.2% of the first $97,500 he earns. The Medicare tax is 1.45% of gros pay. The state tax is 1.5% of gross pay. Each week he pays $12.40 for medical insurance. How much is deducted from Reginald's weekly wages for state tax and Medicare tax?
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Related questions
Question

Transcribed Image Text:Reginald Wallace's gross weekly salary is $515. His weekly federal
withholding is $55. The Social Security tax is 6.2% of the first
$97,500 he earns. The Medicare tax is 1.45% of gros pay. The
state tax is 1.5% of gross pay. Each week he pays $12.40 for
medical insurance. How much is deducted from Reginald's
weekly wages for state tax and Medicare tax?
Select one:
O a. $15.19
O b. $17.22
O c. $16.19
O d. $12.22
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images

Recommended textbooks for you

Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON

Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning

Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning

Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON

Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning

Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning

Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON

Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press

College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education