Mathematics, 01.11.2020 06:50 2021andrewkell

100 POINTS 6. Victor expects his gross income to be $38,000 this year, but Social Security, Medicare,
federal income tax, and state income tax will be deducted from his pay. Victor lives in Illinois,
which has a flat state income tax of 3%, and he expects that 14% of his gross income will be
withheld for federal income tax. He wants to calculate his projected take-home pay for the
year. (5 points: Part 1 - 1 point; Part II - 1 point; Part III - 1 point; Part IV - 1 point; Part V - 1
point)
Part I: How much of Victor's gross income will be taken out for Social Security?
Part II: How much of Victor's gross income will be taken out for Medicare?
Part III: How much of Victor's gross income will be taken out for federal income tax?
Part IV: How much of Victor's gross income will be taken out for state income tax?
Part V: What is Victor's projected take-home pay for the year?

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 19:50, leximae2186

The graph shows the distance kerri drives on a trip. what is kerri's speed?

Answers: 3

continue

Mathematics, 21.06.2019 21:30, jasminelynn135owmyj1

The measures of the legs of a right triangle are 15m and 20m . what is the length of the hypotenuse

Answers: 1

continue

Mathematics, 21.06.2019 22:30, emmanuelmashao5504

Given that y varies directly to the square root of (x + 1), and that y = 1 when x = 8,(a)express y in terms of .x,(b)find the value of y when x = 3,(c)find the value of x when y = 5.

Answers: 1

continue

Mathematics, 21.06.2019 23:30, jacesmokesloud7254

Use the ratio test to determine whether ∑n=14∞n+2n! converges or diverges. (a) find the ratio of successive terms. write your answer as a fully simplified fraction. for n≥14, limn→∞∣∣∣an+1an∣∣∣=limn→∞.

Answers: 3

continue

You know the right answer?

100 POINTS 6. Victor expects his gross income to be $38,000 this year, but Social Security, Medicar...