Cindy has a salary of $880 per week and is paid every two weeks. She has the following deductions from each paycheck:
To calculate Cindy's deductions from each paycheck, we need to know the exact deductions or percentages for each category. Since you haven't provided those details, let's assume three common deductions: taxes, health insurance, and retirement contributions.
1. Taxes: Typically, taxes are deducted based on income and tax brackets. To calculate this, we need to know Cindy's tax rate or tax bracket. If you have that information, you can multiply her salary by the tax rate to find the tax deduction. For example, if her tax rate is 20%, the deduction would be 0.2 * $880.
2. Health Insurance: The deduction for health insurance varies depending on the plan and coverage. Let's assume Cindy's health insurance deduction is $100 per paycheck.
3. Retirement Contributions: Retirement contributions are often a percentage of income. For this example, let's assume Cindy's retirement contribution is 5% of her salary. To calculate the deduction, multiply her salary by 0.05.
Now, with these assumptions, we can proceed to calculate Cindy's deductions from each paycheck:
Tax Deduction: $880 (Salary) * Tax Rate (in decimal form)
Health Insurance Deduction: $100 per paycheck
Retirement Contribution: $880 (Salary) * 0.05 (5% as a decimal)
Please provide the exact values for the tax rate, health insurance deduction, and retirement contribution if you have them, so I can give you a precise calculation.