2-2 - Lancaster Schools
Lydia earns $540 per week. Each week, $32 is deducted for federal income taxes, $24.50 for FICA taxes, $29 for state taxes, and $74.50 for health insurance. Find the percentage of gross pay that Lydia takes home to the nearest percent. = $540 – $32 – $24.50 = $29 = $74.50 = $380 / $540 = .7037….70%. George earns $400 per week. ................
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