17. A worker earns $8000.00 per week before any tax deductions. The following taxes are deducted each week: $83.00 federal income tax, $38.00 state income tax, and $79.00 social security tax. How much will the worker make in 4 weeks after taxes are deducted?
Answer: A
$31,200.00
To determine how much the worker will make in 4 weeks after taxes are deducted, we first calculate the total weekly tax deductions and then subtract that from the weekly earnings before multiplying by 4 weeks.
A) $31,200.00
This option is correct because the worker's total weekly tax deductions amount to $200.00 ($83.00 + $38.00 + $79.00). Subtracting this from the weekly earnings of $8000.00 results in $7800.00 after taxes. Over 4 weeks, this totals $31,200.00 ($7800.00 x 4).
B) $29,200.00
This option is incorrect as it does not account for the accurate total of weekly earnings after tax deductions. If calculated based on incorrect deductions or a different weekly income, it fails to reflect the worker's actual earnings after taxes.
C) $26,000.00
This option is incorrect as it likely underestimates the total earnings after tax deductions. The weekly earnings after taxes are much higher than this figure, indicating a miscalculation in either the deductions or the total period considered.
D) $24,000.00
This option is also incorrect because it significantly underrepresents the amount earned over 4 weeks. It suggests either an incorrect assumption about the worker's weekly earnings or the deductions applied, leading to a total that does not reflect the actual calculations.
Conclusion
The correct answer, $31,200.00, accurately reflects the worker's total earnings after accounting for all tax deductions over a 4-week period. The other options fail to represent the correct figures based on the given weekly earnings and deductions, demonstrating a misunderstanding of the calculation process required for this scenario.