3
QuizMultiple Choice

Personal Finances

Question 3 • LVA - Mathematical Modeling - Spring

Given that the federal and state biweekly deductions for a single person making $1,300 with zero withholding allowances working in New York are $174 and $54.70 respectively, determine the net biweekly income.

Answer
A
$1053.08
B
$1067.11
C
$1071.30
D
$1079.13

Explanation

Subtract the federal and state deductions from the $1,300 biweekly pay: $1,300 − $174 − $54.70 = $1,071.30. The net biweekly income is $1,071.30, choice C.

AI-written and checked against the verified answer.

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