Pay-check

= Description = ||= = Tax = || Listed above is the information needed to calculate your monthly take home pay. The GOVERNMENT takes approximately 25% of your income in taxes. Create your monthly income using EXCEL. Make a chart showing the distribution of your income.
 * = =Social Security= ||= =6.2%= ||
 * = =Federal= ||= =12%= ||
 * = ==Medicare== ||= ==1.45%== ||
 * = ==Unemployment== ||= ==3%== ||
 * = ==PA Tax== ||= ==3.07%== ||
 * ==Local Tax== || ==1%== ||

1. Must include __Rent,__ where are you going to live and how expensive is the rent in that area? SEARCH an area that you are interested in.
== 2. Must include __Car Payment.__ What type of car are you going to drive? How much will it cost? $10,000? $15,000? $20,000? Go online, find a car and find the cost THEN calculate the payment by using a loan calculator online. ==