Fran Mallory is married, claims five withholding allowances, and earns $3,500 per month. In addition to social security, Medicare, and FIT, Fran pays 2.1% stale income tax, 11eb829a_8f99_fcc4_afe7_b10677d3b73f_SM2244_11 for state disability insurance (both based on gross income), $43.11 for life insurance, and $72.30 to the credit union. As payroll manager for Fran's company, calculate her net take-home pay per month.

Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Edition 8ISBN: 978-1305585454

Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Edition 8ISBN: 978-1305585454

Exercise 63

Fran Mallory is married, claims five withholding allowances, and earns $3,500 per month. In addition to social security, Medicare, and FIT, Fran pays 2.1% stale income tax,

for state disability insurance (both based on gross income), $43.11 for life insurance, and $72.30 to the credit union. As payroll manager for Fran's company, calculate her net take-home pay per month.

Explanation

Verified

The gross earnings monthly of Fran
To ...