Respuesta :
Answer:
47.92
Step-by-step explanation:
13hrsx4weeks=52 hrs
4.7+3.85=8.55x52=$444.6
444.6(8.2%+12.3%+7.65%)=125.1549
444.6-125.1549=319.4451x15%=47.916765
Apr. 47.92
Answer:
Option C. $47.92 per month.
Step-by-step explanation:
You have a part-time job that pays = $4.70 per hour
and average tips are paid = $3.85 per hour
Total income in one hour = $4.70 + $3.85 = $8.55
You work 13 hours per week.
So your monthly earning would be = 13 × 4 × 8.55 = $444.60
Your deductions are FICA (7.65%), Federal tax withholding (12.3%),
State tax withholding (8.2%)
Total tax withholding = 7.65 + 12.3 + 8.2 = 28.15%
Total deductions = 28.15% of 444.60
= 0.2815 × 444.60 = $125.15
Your realized income after deductions = 444.60 - 125.15 = $319.45
Now it is given that you save 15% of your realized income
= 15% of 319.45
= [tex]\frac{15}{100}[/tex] × 319.45
= 0.15 × 319.45 = 47.9175 ≈ $47.92
You save $47.92 per month.