Answered

IDNLearn.com: Where your questions meet expert advice and community insights. Get thorough and trustworthy answers to your queries from our extensive network of knowledgeable professionals.

John Pelson's weekly net pay is $972.11. His weekly deductions are $185.00 for FIT; 5% of gross for SIT; 2% of gross for CIT; Social Security and Medicare; $64.00 for health insurance; and $25.00 for charity? Find the weekly gross pay

Sagot :

Based on the calculations below, the weekly gross pay of John Pelson is $1,339.90.

How to calculate gross pay?

Let G represents weekly gross pay. The gross pay can now be calculated as follows:

Net pay = G – FIT – SIT – CIT - Health insurance – Charity ……………….. (1)

Substitute all the relevant values into the equation (1) and solve as follows:

$972.11 = G – $185.00 – 0.05G – 0.02G – $64.00 – $25.00

$972.11 + $185.00 + $64.00 + $25.00 = G – 0.05G – 0.02G

$1,246.11 = (1 – 0.05 – 0.02)G

$1,246.11 = 0.93G

G = $1,246.11 / 0.93

G = $1,339.90

Learn more about gross pay here: https://brainly.com/question/13143081.

#SPJ1

We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and see you next time for more reliable information.