Use the percentage method of withholding to find the federal withholding tax, a 6.2% FICA rate to find the FICA tax, and 1.45% to find the Medicare tax. Then find the net pay for the employee. Assume that the employee has not earned over $110,000 so far this year.

Fred Jones has gross earnings of $4723.08 biweekly. He is married and has 2 withholding allowances.
A. $3987.56
B. $5097.29
C. $3626.25
D. $4361.77
Answer: C
Mathematics
You might also like to view...
Find the equation of the least-squares regression line. Graph the line and data points on the same graph.
A. y = 70.4 - 6.2x
B. y = 90.0 - 5.0x
C. y = 40.0 - 6.25x
D. y = 100.4 - 6.2x
Mathematics
Find the specified minor and cofactor for the matrix A.M11 and A11 if A =
A. M11 = 24 and A11 = 24 B. M11 = 24 and A11 = - 24 C. M11 = 23 and A11 = 23 D. M11 = -23 and A11 = -23
Mathematics
Solve the system using the inverse of the coefficient matrix of the equivalent matrix equation. 9x - y + 4z = 20 2x + 4y + 3z = 15 4x - 9y + z = -9
A. {(-2, 2, 4)} B. ? C. {(2, 1, 2)} D. {(2, 2, 1)}
Mathematics
Find the sum.
A. 363 B. 364 C. 202 D. 355
Mathematics