Tommy makes $200,000 per year. Tommy's monthly taxes are 10% for Federal Income Tax, 4.2% for Social Security Tax, 1.75% for Medicare Tax, and 0.5% for Local Taxes. What is Tommy's monthly Take Home Pay?

Answers

Answer 1

Answer: $‭13,925‬

Step-by-step explanation:

Tommy makes $200,000 per year.

He then has to pay taxes of 10% for Federal Income Tax, 4.2% for Social Security Tax, 1.75% for Medicare Tax, and 0.5% for Local Taxes.

His total taxes are therefore:

= 10% + 4.2% + 1.75% + 0.5%

= 16.45%

Taxes in dollars are:

= Monthly salary * taxes

= (200,000/12 months) * 16.45%

= $2,741.67

Monthly take home pay:

= Monthly salary - monthly tax

= 200,000 / 12 months - 2,741.67

= 16,666.67 - 2,741.67

= $‭13,925‬


Related Questions

A car that is worth 32,000 decreases in value (V) by 12% per year (t). How much will the car be worth in 3 years? (Please round to the nearest dollar) plz help

Answers

Answer:

$21,807.10

Step-by-step explanation:

Amount ( percent decrease)^time

32,000(0.88)^3 = $21,807.10

Percent decrease = 100 - 12 = 88%

You deposit $800 in an account that pays 2.25% annual interest compounded continuously. About how long will it take for the balance to triple?
O 48.8 years
O 24 years
O 36 years
O 52.6 years

Answers

Answer:

48.8 years

Step-by-step explanation:

A=p(1+r/n)^nt

A= total amount

p= initial investment (800_

r/n= annual interest rate over number of years( 2.25)

t= number of years compounded ( annually , biannually, quarterly etc.)

48.8 years


hello , how to do 6(iii)?

Answers

Answer:

[tex]\displaystyle \frac{dS}{dt}=\frac{3}{50r}[/tex]

Step-by-step explanation:

Water is being pumped into an inflated rubber sphere at a constant rate of 0.03 cubic meters per second.

So, dV/dt = 0.03.

We want to show that dS/dt is directly proportional to 1/r.

In other words, we want to establish the relationship that dS/dt  = k(1/r), where k is some constant.

First, the volume of a sphere V is given by:

[tex]\displaystyle V=\frac{4}{3}\pi r^3[/tex]

Therefore:

[tex]\displaystyle \frac{dV}{dt}=4\pi r^2\frac{dr}{dt}[/tex]

Next, the surface area of a sphere S is given by:

[tex]\displaystyle S=4\pi r^2[/tex]

Therefore:

[tex]\displaystyle \frac{dS}{dt}=8\pi r\frac{dr}{dt}[/tex]

We can divide both sides by 2:

[tex]\displaystyle \frac{1}{2}\frac{dS}{dt}=4\pi r\frac{dr}{dt}[/tex]

We can substitute this into dV/dt. Rewriting:

[tex]\displaystyle \frac{dV}{dt}=r\Big(4\pi r\frac{dr}{dt}\Big)[/tex]

So:

[tex]\displaystyle \frac{dV}{dt}=\frac{1}{2}r\frac{dS}{dt}[/tex]

Since dV/dt = 0.03 or 3/100:

[tex]\displaystyle \frac{3}{100}=\frac{1}{2}r\frac{dS}{dt}[/tex]

Therefore:

[tex]\displaystyle \frac{dS}{dt}=\frac{3}{50r}=\frac{3}{50}\Big(\frac{1}{r}\Big)[/tex]

Where k = 3/50.

And we have shown that dS/dt is directly proportional to 1/r.

Please answer asap, Due at 11:59!! ( giving brainliest )

Select the equation and solution for the problem. Let x represent the unknown number.
A total of 15 people on a sports team are riding in 3 vans. How many people are riding in each van if each van is carrying the same number of people?

Answers

Answer:

C

Step-by-step explanation:

So your total is 15. There are 3 vans, and we want to know how many are on each van.

3 (number of people on each van)=15

Number of people are unknown

3x=15

Divide both sides by 3 to solve for x

x=5

1
Select the correct answer from each drop-down menu.
The function ($) = 38 has been transformed, resulting in function h.
h(s) = -(* + 2) - 4
To create function h function was translated 2 units
V, translated 4 units
and reflected across the
Reset
Next

Answers

Answer: up

Step-by-step explanation: good

enter a negative number that has a greater absolute value than 5

Answers

Answer:

-10 ||10||

Step-by-step explanation:

Lin's father is paying for a $20 meal. A 7% sales tax is applied. What does Lin's father pay for the meal​

Answers

Answer:

$21.40

Step-by-step explanation:

7% is equal to .07

multiply .07 times 20

=1.40

add the $1.40 sales tax to the meal price to get 21.40

The answer is $21.40

There are 32 cars, 24 trucks, and 8 vans in a parking lot.

Answers

Im not sure what the question is supposed to be, but that seems like a great parking lot

-21 – (-14) =+=
Helpppp

Answers

Answer:

-21 - (-14) = -21 + 14 = -7

Step-by-step explanation:

A - and a - make a +. So -21 - (-14) makes -21 + 14. Solve to get -7.

Hope it helps!

Christopher is going to use a computer at an internet cafe. The cafe charges
$0.20 for every minute using a computer on top of an initial charge of $7.
Make a table of values and then write an equation for C, in terms oft,
representing the total cost of using a computer for t minutes at the internet
cafe.

Answers

Answer:

0     7

1     7.20

2    7.40

3    7.60

Step-by-step explanation:

Kristin's credit rating was lowered, and the credit card company raised her APR from 14% to 15.2%. If her average daily balance this month is x dollars, express algebraically the increase in this month's finance charge due to the higher APR. Fill in the blank 1

Answers

Answer:

0.0022x

Step-by-step explanation:

Given that,

The credit card company raised her APR from 14% to 15.2%.

Her average daily balance this month is x dollars.

We need to find the algebraically the increase in this month's finance charge due to the higher APR. It can be calculated as follows :

[tex]y=x\times \dfrac{12\%}{14}-x\times \dfrac{15.2\%}{14}\\\\=x\times \dfrac{12}{1400}-x\times \dfrac{15.2}{1400}\\\\=-0.0022x[/tex]

So, the required increase in the month's finance is 0.0022x.

Answer:

0.001x

Step-by-step explanation:

Which are linear pairs? Check all that apply. ∠DAE and ∠EAD ∠BAC and ∠CAD ∠BAE and ∠EAD ∠EAD and ∠DAC ∠CAE and ∠BAD

Answers

Answer:

B). ∠BAC and ∠CAD

C). ∠BAE and ∠EAD

D). ∠EAD and ∠DAC

Step-by-step explanation:

As we know, a linear pair consisting of angles at a single point of the line has a sum of 180° in total. In other words, two supplementary angles together comprise a linear pair. In the given figure, the pair of supplementary angles ∠BAC and ∠CAD, ∠BAE and ∠EAD, and ∠EAD and ∠DAC are the linear pairs as their sum is 180°. Thus, options B, C, and D are the correct answers.

Step-by-step explanation:

EAD ∠BAC and ∠CAD ∠BAE

One Hundred pecent is the same as 1.? true or false

Answers

The answer would be ~true~

Hope this helps

Have a great day/night

Someone please help and PLEASE make sure it’s right! Thank you!!! :)

Answers

Answer:

7

Step-by-step explanation:

i have checked, i have spoken

Choose the multiplication equation that is related to the division equation eight divided by one fourth.

Question 21 options:


one twelfth multiplied by one fourth equals eight


one thirty second multiplied by one fourth equals eight


twelve multiplied by one fourth equals eight


thirty two multiplied by one fourth equals eight help

Answers

Answer:

thirty two multiplied by one fourth equals eight

Step-by-step explanation:

Which expression has a value that is 6 times the value of the expression 63 – 3y?
A. 6 X 63 - 3y
B. 63 - 3y + 6
C. 63+ (6 x 3y)
D. 6 X (63 - 3y)
o

Answers

Answer:

D. 6x(63-3y)

Step-by-step explanation:

You would be multiplying

Step-by-step explanation:

You want to be very carful with the parentheses for this question.

You want to find the equation that is 6 times the value of 63 - 3y, so you want to put the equation 63 - 3y in one big parentheses.

6 x (63 - 3y)

please help!!!!!!!!!!!!!!

Answers

Answer:

This function is exponential

A garden table and a bench cost $935 combined. The garden table costs $85 more than the bench. What is the cost of the bench?

Answers

Answer:

The bench costs $425

And the Table costs $510

Step-by-step explanation:

table + bench = $ 935

$85 + 2b = $935

$935 - $ 85 = $ 850

$850/ 2 = 425 = b

Please help! i cant figure it out

Answers

Answer:

y = 3, y = - 1

Step-by-step explanation:

P is the centroid of the triangle.

Centroid of a triangle divides the median in the ratio 2 : 1

Therefore,

BP : PV = 2 : 1

[tex] \frac{BP}{ PV} = \frac{2}{1} \\ \\ \frac{ {y}^{2} + 1 }{y + 2} = \frac{2}{1} \\ \\ {y}^{2} + 1 = 2y + 4 \\ \\ {y}^{2} + 1 - 2y - 4 = 0 \\ \\ {y}^{2} - 2y - 3 = 0 \\ \\ {y}^{2} - 3y + y - 3 = 0 \\ \\ y(y - 3) + 1(y - 3) = 0 \\ \\ (y - 3)(y + 1) = 0 \\ \\ y - 3 = 0 \: \: or \: \: y + 1 = 0 \\ \\ y = 3, \: \: y = - 1 [/tex]

Which sequence is an example of an arithmetic sequence

Answers

Answer:

Only the third sequence is arithmetic

Step-by-step explanation:

If the sequence has a common difference, then it is arithmetic.  To find the common difference, substract a term from the next term.

First sequence:  

10 - 20 = -10     5 - 10 = -5    The differences are not the same,   so the sequence is NOT arithmetic

Second sequence:

-6 - (-3) = -3     -18 - (-6) = -12   The differences are not the same,   so the sequence is NOT arithmetic

Third sequence:

 10 -  5 =  5     15 - 10 = 5   20 - 15 = 5  The differences are the same,   so the sequence is arithmetic

Fourth sequence:

10 - 5 = 5    20 - 10 = 10   The differences are not the same,   so the sequence is NOT arithmetic

HELP I WILL GIVE BRAINLESS

Answers

Answer

6 months / the $30 ($5 per month) will be cheaper

Answer:

1) Six months

2) The second plan ($30 sign up fee, $5 per month)

Step-by-step explanation:

1) Six months

We can write an equation such as 30 + 5m = x, where m = months and x = total cost after a certain amount of months. If we know that the first plan costs $12 a month, we can find the LCM of 12 and 30 + 5m, which is 60. If we plug in 60 as m in the equation I showed, we'll get this:

30 + 5m = 60

Solve for x = 6.

2) The second plan

Write the first plan as an equation 12m = x, where m is months and x is the total cost after a certain amount of months. If we plug in 12 for m (since there's 12 months in a year), we'll get 12(12) = x, where x is equal to $144 after a year.

Write the second plan as an equation 30 + 5m = x, where m is months and x is the total cost after m months. Plug in 12 again so our equation looks like

30 + 5(12) = x. Solve for x and get $90 after a year.

The ratio of the number of boys to the number of girls at school is 4:5. If there are 120 boys, how many total students are there? (Write the number only) *

Answers

Answer:

150

Step-by-step explanation:

So first you divide 120 by 4 so you know how much times 4 was increased, 4 was increased by 30 times

Next you multiply 5 by 30 because 4 was multiplied by that much

The answer is 150 girls

please helppppppppppppppppppppppppppp don't get me wrong

Answers

I think exponential. But I might be wrong.

Jon makes $76 in 12 hours of work for his mom. How much would Jon make in 20 hours of work.

Answers

Answer:

around 126

Step-by-step explanation:

The distance traveled can be calculated using the formula D = s · t where s is the speed and t is the total time. Which of the situations below represent a total distance of 400 km? Select all that apply.

Answers

Answer:

See Explanation

Step-by-step explanation:

Given

[tex]D = s.t[/tex]

Required

Which represents 400km

This question requires options. Since none were given, I will answer on a general term.

Situation 1:

s = 20km/h and t = 20h

[tex]D = s.t[/tex]

[tex]D = 20km/h * 20h[/tex]

[tex]D = 400km[/tex]

Situation 2:

s = 10km/h and t = 40h

[tex]D = s.t[/tex]

[tex]D = 10km/h * 40h[/tex]

[tex]D = 400km[/tex]

Situation 3:

s = 40km/h and t = 10h

[tex]D = s.t[/tex]

[tex]D = 40km/h * 10h[/tex]

[tex]D = 400km[/tex]

So, all you literally have to do is multiply the values of s and t. If the product gives 400, then; that situation is D = 400

Which of these expressions is equivalent to`-2(x-5)`?

Answers

Answer: 2x+10 is equivalent but id.k if it was a choice bc u didnt put any

Step-by-step explanation: thx for the points

6 dbdbzhsbsbsnsnsnsa

Read the paragraph. Click or tap Two underlined words that are SYNONYMS a. initate b. commence c. extend d. termanate

Answers

Answer:

where is the paragraph?

Step-by-step explanation:

help plzzzzzzzzzzz WILL MARK BRAINLIST

Answers

Answer:

7

Step-by-step explanation:

(-1^2)x 3 = 3

-1 x 4 = -4

3--4 = 7

The answer is 7. Plug in -1 for x and solve

Solve the formula C = d for d.

Answers

To solve this for D you divide both sides by pi and get d=c/pi

evaluate each expression if m = 13 and n = 8

1.) 2m - n
2.) 3m + 2n
3.) 12 + 3 x m - n
4.)

Answers

1. 2(13)-8
26-8
=18
2. 3(13)+2(8)
39+16
=55
3. 12+3x13-8
12+39-8
51-8
=43

4 is blank

Hope this helps

Answer:

1.) 18

2.) 55

3.)43

Step-by-step explanation:

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