Michael Jackson worked 44 hours last week. His hourly rate is $8.60. He has the following deductions taken from his gross earnings: Federal income tax withheld at the rate of 10% Social Security tax withheld at the rate of 6.2% Medicare tax withheld at the rate of 1.45% Health insurance premiums of $12.80 What was Jackson’s net pay? (Round to the nearest cent.)
