You are debating about whether to buy a new computer for $800.00 or a refurbished computer with the same equipment for $640.00. if you are paid $10.00/hour and your deductions are fica (7.65%), federal tax withholding (12%), and state tax withholding (8%), how many hours do you have to work to pay for the new computer? a) 111 hours b) 89 hours c) 98 hours d) 87 hours

First calculate all the deduction

FICA = $10 per hour x 0.0765 = $0.77 per hr

Fed tax = $10 per hr x 0.12 = $1.2 per hr

State tax = $10 per hr x 0.08 = $0.8 per hr

Remaining pay = 10 – 0.77 – 1.2 – 0.8 = $7.23 per hour

Time required = $640 / $7.23 per hr

Time required = 89 hrs

c - they will have the same distribution

step-by-step explanation:

this is the only one that could make sense. : )