Betsy strand’s regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. during a january pay period, betsy works 48 hours. betsy’s federal income tax withholding is $89, and she has no voluntary deductions.

compute betsy strand’s gross earnings and net pay for the pay period. assume that the fica tax rate is 7.65%. (round answers to 2 decimal places, e. g. 15.25.)
and prepare the employer’s journal entries to record (a) betsy’s pay for the period and (b) the payment of betsy’s wages. use january 15 for the end of the pay period and the payment date. (round answers to 2 decimal places, e. g. 15.25. credit account titles are automatically indented when amount is entered. do not indent manually.)

answer'; i believe the correct answer is (15,000) workers a year are treated for injuries caused by jacks, lifts or jack stands;

the answers are

a, b, c, & e.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.