A doctor earns $980.00 per week before any tax deductions. The following taxes are deducted each week: $85.00 federal income tax, $40.00 state income tax, and $81.00 Social Security tax. How much will the doctor make in 4 weeks after taxes are deducted?
A. $3,096.00
B. $3,00.00
C. $3,00.00
D. $3,200.00
We are required to find the doctor’s earning in 4 weeks after taking off taxes.
The first step is to find the total weekly deductions as follows:
Total weekly tax=federal income tax + state income tax + Social Security tax
Total weekly tax=$(85.00+40.00+81.00)
Total tax=$206.00
The next step is to find the weekly income after deducting total taxes
Weekly net income=gross income-total tax
Weekly net income=$(980.00-206.00)=$774.00
In one week, the net income of the doctor is $774.00 and after 4 weeks, the net income will be 4 times his weekly earning
Therefore, the Correct Answer is A.
More Questions on TEAS 7 Math
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Q #1: As a person climbing a mountain increases walking speed, the rate of calories burned, height traveled, and energy expended also increase. Which of the following is the independent variable?
A. Walking speed
B. Energy
C. Calories
D. Height
Answer Explanation
An independent variable is a change that when modified brings a change in other variables. In this case, the person increases his climbing rate, calories burned, distance traveled and energy used increases. Therefore, the walking speed is the independent variable while other variables are dependent.
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Q #2: A farmer is planning for a growing season and want to know the trend in amount of rainfall in his area. He obtains rainfall falling in the first 5 months of the year as shown in the above table. Which of the following would best display the data? Month January February March April May Rainfall (mm) 20 6 14 28 34
A. Scatter plot
B. Pie chart
C. Line graph
D. Bar graph
Answer Explanation
Based rainfall falling for the first 5 months, a bar graph will give a great display for the farmer to decide when start planting. The horizontal scale will represent months of the year and vertical scale will present the amount of rainfall falling.
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Q #3: A doctor earns $980.00 per week before any tax deductions. The following taxes are deducted each week: $85.00 federal income tax, $40.00 state income tax, and $81.00 Social Security tax. How much will the doctor make in 4 weeks after taxes are deducted?
A. $3,096.00
B. $3,00.00
C. $3,00.00
D. $3,200.00
Answer Explanation
We are required to find the doctor’s earning in 4 weeks after taking off taxes.
The first step is to find the total weekly deductions as follows:
Total weekly tax=federal income tax + state income tax + Social Security tax
Total weekly tax=$(85.00+40.00+81.00)
Total tax=$206.00
The next step is to find the weekly income after deducting total taxes
Weekly net income=gross income-total tax
Weekly net income=$(980.00-206.00)=$774.00
In one week, the net income of the doctor is $774.00 and after 4 weeks, the net income will be 4 times his weekly earning
