To calculate the wage garnishment amount (\(WG\)):
\[ WG = \frac{G \times P}{100} \]
Where:
A wage garnishment is a legal procedure through which a portion of a person’s earnings is withheld by an employer for the payment of a debt. This is typically initiated by a court order and is often used for debts such as child support, student loans, taxes, or unpaid court fines. The garnishment continues until the entire debt is paid or arrangements are made to pay off the debt.
Let's assume the following values:
Using the formula:
\[ WG = \frac{15 \times 3000}{100} = 450 \]
The wage garnishment amount is $450.
Let's assume the following values:
Using the formula:
\[ WG = \frac{20 \times 4500}{100} = 900 \]
The wage garnishment amount is $900.