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Answer the following questions in full. 1 . Pam is compensated with an annual salary of $ 1 3 0 , 0 0 0 paid
Answer the following questions in full.
Pam is compensated with an annual salary of $ paid biweekly. Her regular workweek consists of four hour days, and she is eligible for overtime at times pay for any work in excess of his regular requirements. Pam worked regular hours for the first two weeks. Over the next two weeks, Pam worked her regular hours and became eligible for hours of overtime. During these two weeks, she worked her regular shift on Christmas Eve but her employer had agreed to give her another day off with pay in the future.
a Determine Pam's gross earnings for the first twoweek pay period.
b Determine Pam's gross earnings for the second twoweek pay period.
Sam has taxable gross income of $
c Calculate the federal at a simple rate of
d Calculate the state annual income taxes individually for the states seen below.
e Then sum the amounts to calculate the total annual income taxes.
a Tax rates in the following states are:
i Maine
ii Massachusetts
iii. Tennessee Tax Free
iv All federal rates
Your boss recently conducted a performance review, the time has come to discuss your raise. Currently, you earn $ annually. Your boss has offered you a new salary of $ annually. You know last year that the CPI was and this year it sits at
f Assess the salary offer.
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