Tommy makes $200,000 per year. Tommy's monthly taxes are 10% for Federal Income Tax, 4.2% for Social Security Tax, 1.75% for Medicare Tax, and 0.5% for Local Taxes. What is Tommy's monthly Take Home Pay?

Answers

Answer 1

Answer: $‭13,925‬

Step-by-step explanation:

Tommy makes $200,000 per year.

He then has to pay taxes of 10% for Federal Income Tax, 4.2% for Social Security Tax, 1.75% for Medicare Tax, and 0.5% for Local Taxes.

His total taxes are therefore:

= 10% + 4.2% + 1.75% + 0.5%

= 16.45%

Taxes in dollars are:

= Monthly salary * taxes

= (200,000/12 months) * 16.45%

= $2,741.67

Monthly take home pay:

= Monthly salary - monthly tax

= 200,000 / 12 months - 2,741.67

= 16,666.67 - 2,741.67

= $‭13,925‬


Related Questions

Pls help I have no idea

Answers

Answer:

Step-by-step explanation:

If you connect the chord ends to the center you will see that you form a right triangle where:

[tex]r^2=16^2+\left(\frac{9x-15}{2}\right)^2\ and\ r^2=16^2+\left(\frac{7x+5}{2}\right)^2\\ \\

\text{From these equations we can see}\\ \\ (9x-15)^2=(7x+5)^2\\ \\ 9x-15=7x+5\\ \\ 2x=20\\ \\ x=10[/tex]

pls answer asap
its due tomorrow

Answers

Answer:

[tex]\frac{19}{14} x+\frac{97}{56}[/tex]

Just carpet has eight different quality grades of carpeting. Three types are being selected for a corporate test on durability. how many different samples of size 3 can be taken without replacement? how many different samples of size 5 can be taken without replacement?

Answers

Answer:

When we have a set of N elements, the number of combinations of K elements (such that N ≤ K) from these N elements is:

[tex]C(N, K) = \frac{N!}{(N - K)!*K!}[/tex]

Then if we have 8 different types of carpet, and we want to see how many different samples of 3 types we can choose, we just need to replace N by 8, and K by 3 in the above equation:

[tex]C(8, 3) = \frac{8!}{(8 - 3)!*3!} = \frac{8!}{5!*3!} = \frac{8*7*6}{3*2} = 56[/tex]

So there are 56 different samples.

Now we can do the same, but this time we want to use 5 types of carpet, then we will have K = 5.

[tex]C(8, 5) = \frac{8!}{(8 - 5)!*5!} = \frac{8!}{3!*5!} = 56[/tex]

Again, we have 56 different samples.

If -3x + 5 > 4, which of the following cannot be a value of x? 7.11B-S)
A -3
B -1
C о
D 4

Answers

Answer:

D

Step-by-step explanation:

Solving the inequality

- 3x + 5 > 4 ( subtract 5 from both sides )

- 3x > - 1

Divide both sides by - 3, reversing the symbol as a result of dividing by a negative value.

x < [tex]\frac{1}{3}[/tex]

The only value not less than [tex]\frac{1}{3}[/tex] is 4 → D

What number is halfway between
1/5
and
4/15

Answers

Answer:

1/5+4/5

1×5/5+4×1/5

5/5+4/5

5+4/5

9/5

(9/5)/2

2x + 12 = 2(x+8)-4
need answer asap pls

Answers

Answer:

there are inifnite solutions

Step-by-step explanation:

Answer:X=-8

Explanation:

pls help me with mark and will mark

Answers

Answer:

2/3

Step-by-step explanation:

To solve slope: y2- y1/ x2 -x1.

Two points can be (0,6) and (3,8)

8-6/3-0 ---> 2/3

Answer:

2/3

Step-by-step explanation:

The measure of one angle is thirteen less than five times the measure of another angle. The sum of the measures of the two angles is 140°. Determine the measure of each angle in degrees.

Answers

Answer:

The two angles are 25.5 and 114.5

Step-by-step explanation:

x = measure of one angle

5x - 13 = measure of the other angle {one angle is 13 less than 5 times the other}

x + 5x - 13 = 140 {sum of the two angles is 140}

6x - 13 = 140 {combined like terms}

6x = 153 {added 13 to each side}

x = 25.5 {divided each side by 6}

5x - 13 = 114.5 {substituted 25.5, in for x, into 5x - 13}

Look at the image of a composite figure. What polygon shapes form this
composite figure?

Answers

A triangle and a rectangle are combined to create the figure.

Amaka buys 4 rulers and a pencil and these cost the same as 2 rulers and 4 pencils. If a pencil cost #8, how much does a ruler cost?

Answers

Answer:  ruler cost $12

Step-by-step explanation:

step 1

Let cost of ruler  be represented as r

and cost of pencil be represented as p

we were given that

4 rulers and a pencil and these cost the same as 2 rulers and 4 pencils which is expressed as

4r + p = 2r+ 4p

and cost of pencil= $8

therefore

sTEP 2--- Solving

4r+ 8 = 2r+ 4 x8

4r+ 8 = 2r+ 32

4r - 2r= 32-8

2r= 24

r= 24/2 = r= $12

Find the total surface area of the rectangular prism

Answers

The surface area of the rectangular prism is 782 square inches.
782 square prism how this helps

???????????????????????????

Answers

Answer:1/3

Step-by-step explanation:

A culture started with 3,000 bacteria. After 4
hours, it grew to 3,600 bacteria. Predict how
many bacteria will be present after 10 hours.
Round your answer to the nearest whole
number.
P = Aekt

Answers

Answer:

4500

Step-by-step explanation:

4 hours = 3600

8 hours = 4200

10 hours = 4500

Let f(x) = 15x - 25 represent the profit function and a represent the number of T-shirts sold. Which statement is true
of f(200)?
It results in 15 and means that 15 T-shirts were sold.
B It results in 15 and means that $15 was made in profit.
It results in 2,975 and means that 2,975 T-shirts were sold.
It results in 2,975 and means that $2,975 was made in profit.

Answers

25 tshirt and need to be 5 dollars per shirt

Rewrite in simplest terms: 4x – 5(x + 3)

Answers

Answer:

-x-15

Step-by-step explanation:

So you want to distribute first and you get 4x-5x-15 then combine like terms to get -x-15

A butterfly starts at 20 m and changes -16m ?

Answers

Answer:

it is at 4 meters

Step-by-step explanation:

20 - 16 = 4

Hope this helps!

Maybe brainliest?

Answer:

4 mters

Step-by-step explanation:

Mississippi has the lowest median income at 40.6 thousand dollars. Mississippi also has about 207 bachelor’s degrees per 1,000 people. What does the linear model estimate for the number of bachelor’s degrees per 1,000 people for Mississippi based on the median income? How good is this estimate?

Answers

Answer:

178

Step-by-step explanation:

Answer:

178

Step-by-step explanation:

I answered this so the other girl* can get the brainliest he deserves.

Simplify, 4(x + 6) + 2 (3x- 5)

Answers

Answer:

10x + 14

Step-by-step explanation:

begin by distributing the numbers outside of your parentheses:

4x + 4(6)    +     6x - 2(5)

4x + 24 + 6x -10

then just combine like terms:

4x + 6x      +      24 - 10

10x + 14

does anyone know the answer

Answers

Answer:

yes me

Step-by-step explanation:

na jp ion know

Find an equation of the line that contains the point (4,-3) and is perpendicular to the line 2x-3y=4

HELPPPPPPPPPP PLISSSSSSSS

Answers

Answer:

Step-by-step explanation:

-3y = -2x + 4

3y = 2x - 4

y = 2/3x - 4/3

perp; -3/2

y + 3 = -3/2(x - 4)

y + 3 = -3/2x + 6

y = -3/2x + 3

What's the ? ,need help asap

Answers

Answer:

6

Step-by-step explanation:

just a guess

9+3+6+7 = 25

5+5+4+9 = 23

6+8+4+? = 24     ? = 6

A shoe sales associate earned $300 in November. In December she earned 8% more than she did in November. How much she earn in December? *

Answers

Answer:

$324.00

Step-by-step explanation:

Increase the number by 8% of its value.

Percentage increase = 8% × 300

New value =

300 + Percentage increase =

300 + (8% × 300) =

300 + 8% × 300 =

(1 + 8%) × 300 =

(100% + 8%) × 300 =

108% × 300 =

108 ÷ 100 × 300 =

108 × 300 ÷ 100 =

32,400 ÷ 100 =

324

$24.. 8% of $300 equals 24 so the associate made $324 dollars in December. 24+300=324

For every pound a company spends on advertising, it spends £0.26 on its website. Express the amount spent on advertising to the amount spent on its website as a ratio in its simplest form.

Answers

Answer:

Can you convert pounds to dollars?

Step-by-step explanation:

5 1/3 + (-4 1/6)+ (-2 1/2)

Answers

Answer:

[tex]-\frac{4}{3}[/tex]

Step-by-step explanation:

We are given that

[tex]5\frac{1}{3}+(-4\frac{1}{6})+(-2\frac{1}{2})[/tex]

We have to find the value of given expression

[tex]\frac{5(3)+1}{3}-(\frac{4(6)+1}{6})-(\frac{2(2)+1}{2})[/tex]

[tex]=\frac{15+1}{3}-\frac{24+1}{6}-\frac{4+1}{2}[/tex]

[tex]=\frac{16}{3}-\frac{25}{6}-\frac{5}{2}[/tex]

LCM(2,3,6)=6

[tex]=\frac{32-25-15}{6}[/tex]

[tex]=\frac{32-40}{6}[/tex]

[tex]=\frac{-8}{6}[/tex]

[tex]=-\frac{4}{3}[/tex]

Write an equation of the given line that passes through the given point and has the given slope m
(-3,-11);m=1/2

Answers

y=mx+b
solve for b
-11=-3*1/2+b
-11=-1.5+b
b=-11+1.5
b=-9.5

Evaluate the expression 6x+8​ when x=2
The value of the expression is

Answers

20 because 6 times 2 is equal to 12 plus 8 equals 20
Answer: the value of the expression is 20

Find the slope of the line.
a.-7
b.7
c.-1
d.1

Answers

Answer:

(-1)

Since it is a downward slope with two equalized points x=7 and y=7. The slope is m = -1.

Answer:

d.1

Step-by-step explanation:

For this question, use change in y value from one point to another over change in x value from one point to another.

Write these in order starting with the smallest first.
12% 3/8 0.0123 42% 1/5 0.45

Answers

12% = 12/100-> 1.2/10

Select the expression that shows the application of the distributive property for

9(t - 5)
a
9t + 14
b
9 + t + 9 + 5
c
9t + 45
d
9t - 45
PLEASE HELP ME!!!

Answers

Answer:

c. 9t+45 that shows distributive property

where it shows a*(b+c)=(a*b)+(b*c).so,9(t+5)=9*t+9*5

Area is expressed in

Answers

Answer:

the answer should be square units

Area is expressed in Square units



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