5. Calculate your after tax monthly income on problem #2 above, if you pay 18% federal income tax, 6% social security, and 1% medicare. 6. Calculate your after tax monthly income on problem #3 above, if you pay 20% federal income tax, 6% social security, and 1% medicare. 7. Calculate your monthly take home income for problem #4 above, if you pay $50 a month for health insurance and $20 a month toward retirement. 8. Calculate your monthly take home income for problem #5 above, if you pay $75 a month for health insurance and $40 a month toward retirement. 9. Calculate your monthly take home income for problem #6 above, if you pay $100 a month for health insurance and $50 a month toward retirement.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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5. Calculate your after tax monthly income on problem
# 2 above, if you pay 18% federal income tax, 6%
social security, and 1% medicare.
6. Calculate your after tax monthly income on problem
#3 above, if you pay 20% federal income tax, 6%
social security, and 1% medicare.
7. Calculate your monthly take home income for
problem #4 above, if you pay $50 a month for health
insurance and $20 a month toward retirement.
8. Calculate your monthly take home income for
problem #5 above, if you pay $75 a month for health
insurance and $40 a month toward retirement.
9. Calculate your monthly take home income for
problem #6 above, if you pay $100 a month for health
insurance and $50 a month toward retirement.
10. What was the best thing you did over spring break,
and did anything funny happen over spring break?
Transcribed Image Text:5. Calculate your after tax monthly income on problem # 2 above, if you pay 18% federal income tax, 6% social security, and 1% medicare. 6. Calculate your after tax monthly income on problem #3 above, if you pay 20% federal income tax, 6% social security, and 1% medicare. 7. Calculate your monthly take home income for problem #4 above, if you pay $50 a month for health insurance and $20 a month toward retirement. 8. Calculate your monthly take home income for problem #5 above, if you pay $75 a month for health insurance and $40 a month toward retirement. 9. Calculate your monthly take home income for problem #6 above, if you pay $100 a month for health insurance and $50 a month toward retirement. 10. What was the best thing you did over spring break, and did anything funny happen over spring break?
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