The deposited amount is $ 77.84 per week and the saving amount is 38.92 per week.
It is the difference between the earned money to the spent money.
You earn 13.76/hr part-time and work 10hrs/wk.
your deductions are FICA (7.65%), federal tax withholding (9.8%), and state tax withholding (7.13%)
Gross pay = 13.76 × 10 = $ 137.6
Fica = $ 10.53
Federal tax = $ 13.48
State tax = $ 9.81
Then net cash flow will be
[tex]\rm net\ cash\ flow= 137.6 - 10.53 - 13.48 - 9.81 \\\\net\ cash\ flow= 103.78[/tex]
You have 75% of your direct deposit. The deposit amount will be
[tex]\rm Deposit\ amount = 0.75 * 103.78\\\\Deposit\ amount = 77.84[/tex]
you have 50% placed into a savings account. The saving amount will be
[tex]\rm Saving\ amount = 77.84 *0.50\\\\Saving\ amount = 38.92[/tex]
The deposited amount is $ 77.84 per week and the saving amount is 38.92 per week.
More about the cash flow link is given below.
https://brainly.com/question/26389863
