Jerome jones delivers pizza for papa’s pizza. he earns $7.80 an hour plus time-and-a-half for every hour over 40. last week he worked 45 hours. deductions included social security at 6.2% of gross, medicare at 1.45% of gross, and federal income tax of $14. what was jones' net pay, rounded to the nearest cent?

His net pay is $328.16.

The first step is to calculate Jerome’s salary.

Regular time - 40 x $7.80 = $312

Overtime - 5 x $7.80 x 1.5 = $58.50

Total Salary = $312 + 58.50 = $370.50

The next step is to calculate the deductions:

Social security = 370.50 x .062 = $22.97

Medicare = 370.50 x .0145 = $5.37

Federal Income Tax = $14

Total Deductions = 22.97 + 5.37 + 14 = $42.34

$370.50 - $42.34 = $328.16