Business
Business, 05.02.2020 07:58, lizzyhearts

John worked 43 hours last week. his hourly rate is $9.00. he has the following deductions taken from his pay: social security tax at the rate of 6.2 percent, medicare tax at the rate of 1.45 percent, health insurance premiums of $15.00, and 401(k) contributions of 5 percent of gross pay. john also has federal income tax withheld at the rate of 10 percent. federal taxes do not apply to the 401(k) contribution. john’s net pay for last week was what? keep keep in mind the overtime hours beginning at 40 and overtime rate being 1.5 times more than usual pay.

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John worked 43 hours last week. his hourly rate is $9.00. he has the following deductions taken from...

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