Mathematics, 10.03.2021 20:30 qorderiusnewton
Demetrice works at a computer outlet. He receives a bi-weekly salary of $435 plus 7.46% commission on his sales. In the last two weeks, he sold $13,200 of computer equipment. He pays 8% for State Income Tax, 11.9% for Federal Income Tax, 6.3% for Social Security, and 1.45% for Medicare. What is Demetrice’s bi-weekly net pay?
***Show work to receive partial/full credit.
Hint:
Step 1: Calculate the total bi-weekly salary.
Step 2: Calculate the bi-weekly deductions.
Step 3: Calculate the net monthly pay.
Answers: 2
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