The total amount Jamar spends during the rest of the year is $22620.
Given case states that,
Jamar earns a salary of $34,800 per year. His employer withholds 1/10 of this amount for federal taxes.
And Jamar puts 1/4 of his remaining salary in a savings account and spends the rest of his salary during the year.
We need to determine how much does Jamar’s employer withhold in 1 year, in dollars.
Here,
Jamar earns a salary of $34, 800 per year
Amount paid to the federal taxes (FT);
FT = 1/10 * 34800
FT= $3480
Jamar puts 1/4 of their salary in savings let it be SA;
SA = 1/4 * 34800
SA = $8700
The total amount Jamar spends during the rest of the year is
= Total salary - FT - SA
= 34800 - 3480 - 8700
= $22620
Thus, the total amount Jamar spends during the rest of the year is $22620.
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