3. how kevin completes the rest of the form tells his employer how much money to take off his pay for three…

3. how kevin completes the rest of the form tells his employer how much money to take off his pay for three standard government deductions. these deductions are subtracted from the amount of money earned, that is, gross pay, or gross income. net pay, or net income, is the gross pay minus the total of all the deductions. it is often called take - home pay. a) kevin works 37.5 hours a week at $7 per hour. what is his gross pay? b) kevin’s deductions are $37.80. what is his net pay?

3. how kevin completes the rest of the form tells his employer how much money to take off his pay for three standard government deductions. these deductions are subtracted from the amount of money earned, that is, gross pay, or gross income. net pay, or net income, is the gross pay minus the total of all the deductions. it is often called take - home pay. a) kevin works 37.5 hours a week at $7 per hour. what is his gross pay? b) kevin’s deductions are $37.80. what is his net pay?

Answer

Explanation:

Step1: Calculate gross - pay

Gross pay = Hourly rate × Hours worked. Given hourly rate = $7 and hours worked = 37.5. $7\times37.5 = 262.5$

Step2: Calculate net - pay

Net pay = Gross pay - Deductions. Given gross pay = $262.5 and deductions = $37.80. $262.5−37.80 = 224.7$

Answer:

a) $262.5 b) $224.7