Lisa Ramos has a regular hourly rate of $12.75. In a week when she worked 40 hours and had deductions of $67.00 for federal income tax, $31.62 for social security tax, and $7.40 for Medicare tax, her net pay was
A)$616.02
B)$403.98
C)$510.00
D)$106.02

Question

Quizplus · Accepted Answer

Lisa's gross pay for the week is $12.75 per hour x 40 hours = $510.00

Her total deductions are $67.00 + $31.62 + $7.40 = $105.02

Therefore, her net pay is $510.00 - $105.02 = $404.98, which rounds to $403.98 (B).

Lisa Ramos Has a Regular Hourly Rate of $12