Jeremy’s pay is $8.25 per hour. Jeremy worked 78 hours in a month, and the pay statement showed a total of $128.70 in payroll taxes. What was Jeremy’s net income?
Accepted Solution
A:
Jeremy’s net income was $514.8Step-by-step explanation:The given is:Jeremy’s pay is $8.25 per hourJeremy worked 78 hours in a monthThe pay statement showed a total of $128.70 in payroll taxesWe need to find what Jeremy’s net income wasThe net income = total income - taxes∵ Jeremy’s pay is $8.25 per hour∵ Jeremy worked 78 hours in a month- Jeremy's income = the pay for an hour × the worked hours∴ Jeremy's income = 8.25 × 78∴ Jeremy's income = $643.5 in a month∵ There was $128.7 as taxes in his pay statement∴ The taxes = $128.7- Substitute the values of his income and the taxes in the formula of the net income∵ The net income = total income - taxes∴ The net income = 643.5 - 128.7∴ The net income = $514.8Jeremy’s net income was $514.8Learn more:You can learn more about the word problems in brainly.com/question/3950386#LearnwithBrainly