A monthly payroll register shows that Andrew Li had total wages of $2,845. He had deductions of $217.64 for FICA tax, $198 for federal income tax, and $40 for medical insurance. Compute Li's net pay for the month.
Round each monetary amount to the nearest cent; round the nonmonetary numbers to the nearest thousandth. a.$0.24499 ________________ b.$36.4451 ________________ c.0.69164 pounds ________________ d.2.63151 gallons ________________ e.2.375388 feet ________________
What price will a finance company pay to a merchant for a conditional sale contract that requires 12 monthly payments of $249, with the first payment due six months from now? The finance company requires a return of 16.5% compounded monthly.