Question

After 15% being deducted from your pay and putting 10% into savings how much will you be depositing into your checking account everyweek from your paycheck? You make $138.75 per week prior to deductions.

Answer 1

First, we have to compute 15% of $138.75, as follows:

$138.75\cdot\frac{15}{100}=20.81$

Next, we have to compute 10% of $138.75, as follows:

$138.75\cdot\frac{10}{100}=13.88$

Then, you will be depositing $138.75 - $20.81 - $13.88 = $104.06 into your checking account every week