Question

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?

Answer 1

Jeremy’s net income was $514.8

Step-by-step explanation:

The given is:

• Jeremy’s pay is $8.25 per hour
• Jeremy worked 78 hours in a month
• The pay statement showed a total of $128.70 in payroll taxes

We need to find what Jeremy’s net income was

The 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 = $514.8

Jeremy’s net income was $514.8

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