Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per month is $2,100. Her deductions before the change are listed in the table. Deduction Dollar Amount Federal Income Tax $294 State Income Tax $89 Social Security $85 Medicare $35 What is her new monthly net pay? Round your answer to the nearest dollar. $1555 $1591 $1595 $1639

Respuesta :

YOUR ANSWER IS A) $1555

Answer:

The answer is $1555.

Step-by-step explanation:

Deduction                         Dollar Amount  

Federal Income Tax                $294  

State Income Tax                   $89

Social Security                       $85  

Medicare                              $35

Quintina’s gross pay per month is $2,100.  

All the deductions remains same except the federal income tax.

Federal tax at 16% will be =[tex]0.16\times2100=336[/tex] dollars

Now, total deductions will be = [tex]336+89+85+35=545[/tex] dollars

Therefore, Quintina's net pay will be =[tex]2100-545=1555[/tex] dollars

So, the answer is $1555.