vicentesanchez789
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100 POINTS!!!!

Mai's gross pay is $6,476. How much of her gross pay will be deducted for FICA taxes? (The social security tax rate is 6.2% and the medicare tax rate is 1.45%)

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Sagot :

Total tax:-

  • 6.2+1.45=7.65%

Now we need 7.65% of Gross pay

[tex]\\ \rm\Rrightarrow 7.65\%\:of\:6476[/tex]

[tex]\\ \rm\Rrightarrow 0.0765(6476)[/tex]

[tex]\\ \rm\Rrightarrow 495.4\$[/tex]

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