
Concept explainers
Gross pay is the amount of earnings before payroll _____ are withheld; net pay is the actual amount of the _____. (9.1)

To fill: The blank spaces in the statement, “ Gross pay is the amount of earning before payroll ___ are withheld; net pay is the actual amount of the ____”.
Answer to Problem 1CR
Solution:
The complete statement is “Gross pay is the amount of earning before payroll deductions are withheld; net pay is the actual amount of the Employee’s paycheck after all payroll deductions”.
Explanation of Solution
The relations between gross pay and net pay is given below:
The term gross pay or gross earning refers to the amount of earnings which employees receive before any taxes and deductions are taken out.
Thus, the net pay or take-home pay is the actual amount of money which employees take home after all payroll deductions have been withheld.
Want to see more full solutions like this?
Chapter 9 Solutions
Contemporary Mathematics for Business & Consumers
- One-Sample Z Test Test of М = 45 vs not === 45 The assumed standard deviation = 2.8 VARIABLE N MEAN STDEV SE MEAN X Instructions: 46.377 2.500 0.626 95% CI (,) Fill in the missing values. N: Round the answer to the nearest whole number. Cl: Round to three decimal places. Z: Round to two decimal places. P: Round to three decimal places.arrow_forwardNeed detailed report solution without AI and Chatgpt,arrow_forwardBased on the software output, write the fitted simple linear regression equation. Coefficients Term Coef SE Coef T-Value P-Value Constant 3.20 1.92 1.67 0.237 [Select] y= 0.600 0.566 1.06 0.400 +[Select] x Does a simple linear regression model seem reasonable in this situation? [Select]arrow_forward
- 30.4. Suppose that f(2) has a pole of order m at zo. Show that f'(z) has a pole of order m + 1 at zo-arrow_forwardA drink filling machine, when in perfect adjustment, fills the bottles with 8 ounces of drink on an average. Any overfilling or underfilling results in the shutdown and readjustment of the machine. A sample of 20 bottles is selected, and the sample shows an average filling volume of 7.5 ounces. To determine whether the machine is properly adjusted, the correct set of hypotheses Ho: [Select] [Select] H₁: [Select] [Select] > [Select] [Select]arrow_forwardInformation on a packet of seeds claims that 93% of them will germinate. Of the 200 seeds that were planted, only 180 germinated. 95% confidence interval for the true proportion of seeds that germinate based on this sample is (85.8%, 94.2%). Do the data provide evidence against the claim? [Select] The margin of error in the estimate is: [Select] > To keep the margin of error within 3.5% with at least 95% confidence level, the required sample size is: [Select]arrow_forward
- 538 Chapter 13 12. Given: Points E(-4, 1), F(2, 3), G(4, 9), and H(-2, 7) a. Show that EFGH is a rhombus. b. Use slopes to verify that the diagonals are perpendicular. 13. Given: Points R(-4, 5), S(-1, 9), T(7, 3) and U(4, -1) a. Show that RSTU is a rectangle. b. Use the distance formula to verify that the diagonals are congruent. 14. Given: Points N(-1, -5), O(0, 0), P(3, 2), and 2(8, 1) a. Show that NOPQ is an isosceles trapezoid. b. Show that the diagonals are congruent. Decide what special type of quadrilateral HIJK is. Then prove that your answer is correct. 15. H(0, 0) 16. H(0, 1) 17. H(7, 5) 18. H(-3, -3) I(5, 0) I(2,-3) 1(8, 3) I(-5, -6) J(7, 9) K(1, 9) J(-2, -1) K(-4, 3) J(0, -1) K(-1, 1) J(4, -5) K(6,-2) 19. Point N(3, - 4) lies on the circle x² + y² = 25. What is the slope of the (Hint: Recall Theorem 9-1.) - line that is tangent to the circle at N? 20. Point P(6, 7) lies on the circle (x + 2)² + (y − 1)² = 100. What is the slope of the line that is tangent to the circle at…arrow_forwardConsider a set of data ...arrow_forwardFor each graph in Figure 16, determine whether f (1) is larger or smaller than the slope of the secant line between x = 1 and x = 1 + h for h > 0. Explain your reasoningarrow_forward
- College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillElementary AlgebraAlgebraISBN:9780998625713Author:Lynn Marecek, MaryAnne Anthony-SmithPublisher:OpenStax - Rice UniversityCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning





