10
QuizMultiple Choice
Gross Pay vs. Net Pay
Question 10 • SHS Alt Personal Finance - 2021
The following federal tax table is for biweekly earnings of a single person. How will the federal tax affect a biweekly pay of $740 for a single person claiming 1 exemption?
Answer
A
It increases the biweekly pay by $62.B
It decreases the biweekly pay by $62.C
It increases the biweekly pay by $65.D
It decreases the biweekly pay by $65.