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: Which of the following percentages is equivalent to the fraction below? 7/8
A. 875%
B. 0.875%
C. 8.75%
D. 87.5%
Answer Explanation
We are required to find the percent equivalent of the given fraction.
We multiply 7/8 by 100 to convert it to percent. You convert fraction to percent.
Thus 7/8 is equal to 87.5%.
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Q #2: 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 #3: A math teacher obtained the following scores from a class of 45 students. Which of the following is the best way to display the frequency of each day of the week? Test score 50-59 60-69 70-79 80-89 90-99 Number of students 10 4 9 20 2
A. Scatterplot
B. Pie graph
C. Line graph
D. Histogram
Answer Explanation
In order for the teacher to better visualize the test performance for his class, he needs to present the mark distribution in chart form. A better chart visualizer is the histogram, which will show the frequency of marks against range of test scores. A bar graph will not be used because the rectangles need to touch one another.
In a bar graph, the rectangles do not touch each other. Therefore, it will not be a good chart visualizer.
