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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
Edition 7ISBN: 978-1285448596 Exercise 52
Use the percentage method to solve the following.
Larry Alison is single, claims one withholding allowance, and earns $2,450 per month.
a. What is the amount of Larry's paycheck after his employer withholds social security, Medicare, and income tax?
b. If Larry gets married and changes to two withholding allowances, what will be the new amount of his paycheck?
c. If he then gets a 15% raise, what is the new amount of his paycheck?
Larry Alison is single, claims one withholding allowance, and earns $2,450 per month.
a. What is the amount of Larry's paycheck after his employer withholds social security, Medicare, and income tax?
b. If Larry gets married and changes to two withholding allowances, what will be the new amount of his paycheck?
c. If he then gets a 15% raise, what is the new amount of his paycheck?
Explanation
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(a) The gross monthly earnings of Larry ...
Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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