Homework Help: consumer math

Posted by Cindy on Monday, March 19, 2012 at 7:47pm.

I really need help please

Your primary job’s gross income is $3,500.00/month, and your second job’s realized income is $368.49/month. Deductions are FICA (7.65%), federal tax withholding (10.75%), and state tax withholding (8.35%). How much is the income on your monthly budget?

consumer math - Henry, Tuesday, March 20, 2012 at 5:23pm
Gross Income=3500 + 368.49=$3868.49/mo.

% Deduction=(7.65+10.75+8.35)%=26.75 %.
Bal=100% - 26.75% = 73.25% After taxes.

Net Income=0.7325 * 3868.49=$2833.67/mo

Answer this Question

Related Questions

math - I really need help please Your primary job’s gross income is $3,500...
consumer math - Your fixed expenses are $1,035.65/month and are 36% of your ...
budget - John's gross income is $1,000 per month. Based on an assumption ...
math - Your fixed expenses are $1,035.65/month and are 36% of your realized ...
geometry - Martha works as a salesperson for momentum sales. she earns $1,000 ...
math - You are paid $8.55/hr at your part-time job. You work 10 hours per week...
Finance - Compute taxable income. gross salary 46,660 interest earnings 225.00 ...
consumer math - The Mannings file a tax return showing $125000 in earned income...
math consumer - Zoe's gross income is $16,960. His medical expenses for the...
math - If your annual income from a part-time job is $4523, and the inflation ...

For Further Reading

First Name:
School Subject:
Answer: