# Financial Mathematics

Use this paycheck to answer the following question.

EMPLOYEE PAY STUB
EMPLOYER NAME EMPLOYEE NAME
Books & Nooks Mark Fitzgerald
1967 University Ave 5618 Maple St
Atlanta, GA 30334 Atlanta, GA 30355
EMPLOYER TELEPHONE EMPLOYEE #
555-502-5893 4068402
BANK ACCT SSN (LAST FOUR DIGITS)
249795016 1600
PAY PERIOD PAY DATE
07/06/2019 - 07/19/2019 07/26/2019
GROSS EARNINGS RATE HOURS CURRENT TOTAL YEAR TO DATE
REGULAR 16.5 80 \$1320.00 \$18,480.00
OVERTIME \$0.00 \$0.00
OTHER \$0.00 \$0.00
DEDUCTIONS CURRENT TOTAL YEAR TO DATE
FICA - MEDICARE \$19.14 \$267.96
FICA - SOCIAL SECURITY \$81.84 \$1145.76
FEDERAL TAX \$33.42 \$1867.88
STATE TAX \$75.90 \$1062.60
OTHER \$0.00 \$0.00
CURRENT GROSS YEAR-TO-DATE GROSS
\$1320.00 \$18,480.00
CURRENT DEDUCTIONS YEAR-TO-DATE DEDUCTION
\$ \$
CURRENT NET PAY YEAR-TO-DATE NET PAY
\$ \$15,535.80

What percent of Mark's pay do his deductions comprise? Enter your answer rounded to the nearest tenth, such as: 42.5.

1. 👍
2. 👎
3. 👁
1. You have all the numbers, so
figure total pay
figure deductions

% = deductions/pay * 100

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2. 👎
👤
oobleck
2. the answer is 15.9 !

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2. 👎

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