Jason was a recent graduate from a university program with a bs in medical technology. he will begin a position at the local hospital with an annual salary $37,160 (gross). his federal income tax rate is 15%. his state tax rate is 5.7%. his social security tax is 6.2% and his medicare tax rate is 1.45%. he will have $234.00 taken from his monthly paycheck for life and health insurance before the taxes are taken from his check.
what is jason’s net annual salary? show your steps or logic for your answer. submit your answer in the textbox below.

Answers

Answer
The correct answer was given: quetzaliescalona
37160/12=3096.67
3096.67-234=2862.67
2862.67*0.85 (1-0.15)=2433.27
2433.27*0.938 (1-0.062)=2282.41
2282.41*0.9855 (1-0.0145)=2249.32
the annual salary is 2249.32*12=$26991.78.

Answer
The correct answer was given: Brain
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Hope this helps

Answer
The correct answer was given: Brain

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