Using the following information, compute this week's take home pay and deductions for each employee. Use an Income Tax rate of 15% for Letitia and Paulo; an Income Tax rate of 22% for Steve and Catriona.
$$\begin{array} { l c c c }
\text { Employee } & \begin{array} { c }
\text { Earnings } \
\text { YTD }
\end{array} & \begin{array} { c }
\text { Earnings } \
\text { this Week }
\end{array} & \begin{array} { c }
\text { Medical } \
\text { Premiums }
\end{array} \
\text { Letitia } & 20,000 & 800 & 10 \
\text { Paulo } & 16,000 & 400 & 10 \
\text { Steve } & 36,000 & 900 & 10 \
\text { Catriona } & 53,825 & 1,075 & 0
\end{array}$$

Question

Using the following information, compute this week's take home pay and deductions for each employee. Use an Income Tax rate of 15% for Letitia and Paulo; an Income Tax rate of 22% for Steve and Catriona.
$$\begin{array} { l c c c } 
\text { Employee } & \begin{array} { c } 
\text { Earnings } \
\text { YTD }
\end{array} & \begin{array} { c } 
\text { Earnings } \
\text { this Week }
\end{array} & \begin{array} { c } 
\text { Medical } \
\text { Premiums }
\end{array} \
\text { Letitia } & 20,000 & 800 & 10 \
\text { Paulo } & 16,000 & 400 & 10 \
\text { Steve } & 36,000 & 900 & 10 \
\text { Catriona } & 53,825 & 1,075 & 0
\end{array}$$

Quizplus · Accepted Answer

The Answer of Using the following information, compute this week's take home pay and deductions for each employee. Use an Income Tax rate of 15% for Letitia and Paulo; an Income Tax rate of 22% for Steve and Catriona.
$$\begin{array} { l c c c } 
\text { Employee } & \begin{array} { c } 
\text { Earnings } \
\text { YTD }
\end{array} & \begin{array} { c } 
\text { Earnings } \
\text { this Week }
\end{array} & \begin{array} { c } 
\text { Medical } \
\text { Premiums }
\end{array} \
\text { Letitia } & 20,000 & 800 & 10 \
\text { Paulo } & 16,000 & 400 & 10 \
\text { Steve } & 36,000 & 900 & 10 \
\text { Catriona } & 53,825 & 1,075 & 0
\end{array}$$

Using the Following Information, Compute This Week's Take Home Pay