Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
expand_more
expand_more
format_list_bulleted
Question
If your gross annual salary is $47, 500. If you take home about 64.35% of your income, what is your after tax monthly income?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps
Knowledge Booster
Similar questions
- Suppose you want to have $800,000 for retirement in 30 years. Your account earns 9% interest. How much would you need to deposit in the account each month? Sarrow_forwardUnder the current tax plan, the person pays 26% flat income tax on their salary. Under a proposed new system, the person would pay 31% on their salary above $12,000. The person pays $980 more under the new system than the old. What is the person's salary? Previous Page Narrow_forwardMrs. Stevens bought a Mustang for $ 25,000. If it depreciates at a rate of 15% a year. What is the price of the car after a year? What is the depreciation amount?arrow_forward
- Jill lived and worked in North Carolina for the entire 2013 tax year. Her adjusted gross income was $78,000 and she qualifies for the standard deduction of $3000 and exemption of $2000. Use the following 2011-2013 NC tax rate schedule (taken from http://www.dor.state.nc.us/taxes/individual/rates.html) to calculate her 2013 NC tax. If your filing status is single; and taxable income is more than: $0 $12,750 $60,000 but not over: 1% $12,750 $60,000 Jill's 2013 NC tax is: $ (Round to the nearest dollar.) What is Jill's effective tax rate? [Tax paid divided by taxable income] (Write as a percent, rounded to one decimal place.) your tax is: 6% OF THE NC TAXABLE INCOME AMOUNT ON FORM D- 400 $765 + 7% OF THE AMOUNT OVER $12,750 $4,072.50 +7.75% OF THE AMOUNT OVER $60,000arrow_forwardIf your monthly salary is $5,167 and 28% is withheld for taxes and social Security, How much will be withheld from your check payday?arrow_forwardYou Work for a great company and love your job. However, the companies new, and you found out that next month, everyone will have to take an 8% deduction in their monthly pay. You normally make $179.85 each month. What will your pay be next month?arrow_forward
- If your gross pay is $2,200 per month and your take-home pay is $1,421, what percent (to the nearest tenth) of your gross pay is withheld for taxes, and other deductions?arrow_forwardA credit card company offers an annual 2% cash-back rebate on all gasoline purchases. If a family spent $7250 on gasoline purchases over the course of a year, what was the family's rebate at the end of the year?arrow_forwardSuppose you have a credit card bill of $1,275 for the month of October. If you pay the full balance before your bill is due, how much will you pay in interest?arrow_forward
- assume you will put down 10% on a house that costs 424,900 dollars, and borrow the rest. What is the dollar amount of thge down payment? and the dollar amount you will borrow?arrow_forwardSuppose that under your health insurance policy, hospital expenses are subject to a $750 deductible and $150 per day copay. You get sick and hospitalized for 4 days, and the bill (after your insurance discounts are applied) comes to $6250. How much of that hospital bill will you have to pay yourself.arrow_forwardIf you pay $1,277 each month on your home mortgage for 20 years, how much will you pay in total for the home?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Advanced Engineering MathematicsAdvanced MathISBN:9780470458365Author:Erwin KreyszigPublisher:Wiley, John & Sons, IncorporatedNumerical Methods for EngineersAdvanced MathISBN:9780073397924Author:Steven C. Chapra Dr., Raymond P. CanalePublisher:McGraw-Hill EducationIntroductory Mathematics for Engineering Applicat...Advanced MathISBN:9781118141809Author:Nathan KlingbeilPublisher:WILEY
- Mathematics For Machine TechnologyAdvanced MathISBN:9781337798310Author:Peterson, John.Publisher:Cengage Learning,
Advanced Engineering Mathematics
Advanced Math
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Advanced Math
ISBN:9780073397924
Author:Steven C. Chapra Dr., Raymond P. Canale
Publisher:McGraw-Hill Education
Introductory Mathematics for Engineering Applicat...
Advanced Math
ISBN:9781118141809
Author:Nathan Klingbeil
Publisher:WILEY
Mathematics For Machine Technology
Advanced Math
ISBN:9781337798310
Author:Peterson, John.
Publisher:Cengage Learning,