Asap: highest amount of points for my career development you are paid a salary of $23,000 annually, you pay 12% in taxes. what is your net pay biweekly?

$778.46 is the bi-weekly net pay

Step-by-step explanation:

Net pay  is the gross pay minus taxes

Net pay = gross pay - gross pay * tax rate

Simplifying this equation by factoring out gross pay

Net pay = gross pay (1- tax rate)

Substituting this in

Net pay = gross pay (1- tax rate)

We know the

hours worked = 23000

tax rate = .12

Net pay = 23000 (1- .12)

Net pay = 23000 (.88)

Net pay = 20240

But this is per year, and we want it bi weekly

There are 52 weeks in a year, divide by 2 (bi weekly)= 26

So divide 20240 by 26, so you get paid every 2 weeks.

$20240/26 = 778.46  (we round to the nearest cent)

£56

step-by-step explanation:

both equations and proportions are better.