Shay's net pay is $575.50 biweekly. If her gross annual income is
$17,500, how much is deducted from each paycheck?
a. $153.67
b. $2,537
c. $97.58
d. $3,688
To find the amount deducted from each paycheck, we need to first calculate Shay's gross biweekly income:
Gross Annual Income = $17,500
Gross Biweekly Income = Gross Annual Income / 26 (number of biweekly pay periods in a year)
Gross Biweekly Income = $673.08
To find the amount deducted from each paycheck, we subtract Shay's net pay from her gross biweekly income:
Amount Deducted = Gross Biweekly Income - Net Pay
Amount Deducted = $673.08 - $575.50
Amount Deducted = $97.58
Therefore, the answer is c. $97.58.