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Mathematics, 15.07.2020 15:01 mattmore0312
Eric works for salary of $3,500 per month. He has federal income withheld at the rate of 15%, Social Security tax at the rate of 6.2%, Medicare tax at the rate of 1.45% and health insurance premiums of $48 per month. Erik also contributes to a savings plan. Each month, 2% of his gross pay is placed in the savings plan.
After Erik pays the taxes on his money what is Eric's net pay?
A. (1,448.45)
B. (1,799.05)
C. (2,589.25)
D. (2799.05)
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Answers: 2
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Eric works for salary of $3,500 per month. He has federal income withheld at the rate of 15%, Social...
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