Problema Solution
Angela wants to calculate her take-home pay. She earns $1,377 monthly. She pays federal tax of $200, state tax of $41.31, and 7.65% in FICA tax. What is Angela's monthly net pay?
Answer provided by our tutors
$1,377 - ($200 + $41.31 + 0.0765*$1,377) = $1,030.35
Angela's monthly net pay is $1,030.35.