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please solve these math problems 6. Matt earns $685.00 gross pay per week. Each week the following deductions are taken off of his pay cheque:

please solve these math problems

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6. Matt earns $685.00 gross pay per week. Each week the following deductions are taken off of his pay cheque: Federal/Provincial Income Tax: $ 85.30 Employment Insurance: Canada Pension Plan: Union Dues: $ 10.22 Dental Plan: $ 16.28 a) Calculate the amount of El deducted.[Hint: You deduct 1.95% from your pay for El] (1 mark) b) Calculate the amount of CPP deducted.[Hint: You deduct 4.95% from your pay for CPP] (1 mark) c) Matt's total deductions. (1 mark) d) Calculate Matt's net weekly pay. (1 mark) d) Calculate what Matt's ANNUAL NET income will be. (1 mark) 11. a) Work out how William can spread his payments so that he pays them all by the due date and does not spend more money than his pay cheque. William's net salary is $1265 per pay cheque ($2530 a month) and he receives his pay on the 1st and the 15th of every month. (6 marks) Essential Bills Day of Month Amount Due Paycheque on Paycheque on Due ($) 1 st of the Month 15th of the Month Rent 940 Cell Phone 5 60 Utilities (water 16 110 and hydo) Car Payment 17 250 Satellite TV 23 160 Car Insurance 28 150 Total 1670 Remainder b) Explain, giving two reasons, why it is wise to plan the use of your money according to your payday schedule. Give a brief and relevant example.

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