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August 30, 2015

Homework Help: Math

Posted by Noelle on Tuesday, May 14, 2013 at 5:41pm.

25. Edith earns an annual gross salary of $17,500. She has 28% of her gross salary withheld for taxes and other deductions. What is the net pay of each paycheck if she is paid weekly?
$274.04
$43.87
$242.31

26. Franklin deposited $1,400 in a savings account that accrues simple interest at 6.75%. What is the balance in his account at the beginning of the third quarter?
$78.75
$1,447.25
$1,505

27. George borrowed $1895.50 for two years. The total amount he repaid was $2,189.38. How much interest did he pay for the loan?
$454.50
$293.88
$227.73

28. Norma borrowed $1,800 at 11% interest for 90 days. How much interest did she pay on the loan?
$49.50
$198
$2

29. Carlos earns $450 per week as a paralegal. He is in the 15% tax bracket. How much of his annual income is withheld for taxes?
$4500
$3510
$9000

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