Sam is single and his yearly gross pay is $48,650.
a. What is Sam’s weekly gross pay (remember...
Mathematics, 05.05.2020 10:21 miguelturner
Sam is single and his yearly gross pay is $48,650.
a. What is Sam’s weekly gross pay (remember there are 52 weeks in one year)?
b. What will Sam have to pay for FICA per week?
c. How much does Sam contribute for FICA for the entire year?
d. How much does Sam pay in federal taxes for the entire year?
e. Using only the two deductions (FICA and Federal Tax) listed above, what is Sam’s yearly net pay?
Answers: 2
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