8
QuizMultiple Choice

Gross Pay vs. Net Pay

Question 8 • 26/27 FINANCIAL MATH A

Raquel has gross pay of $732 and federal tax withholdings of $62. Determine Raquel’s net pay if she has the additional items withheld:Social Security tax that is 6.2% of her gross payMedicare tax that is 1.45% of her gross paystate tax that is 21% of her federal taxa.$600.99b.$610.54c.$641.83d.$662.99

Answer
A
A
B
B
C
C
D
D
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