1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksana_A [137]
2 years ago
6

Jake got his first job in 2010. In that year, the government took out 7.45% of each income for Social Security and Medicare, unt

il a person made $51,300. If Jake earned $31,340 in 2010, how much did he pay to Social Security and Medicare? Clearly show your work.
Mathematics
1 answer:
DENIUS [597]2 years ago
6 0

Jake's Social Security and Medicare for the year 2010 is $2,334.83

What threshold of income does 7.45% as Social Security and Medicare?

The threshold in this case refers to a range of income that would be charged to Social Security and Medicare at  the rate of 7.45%, in essence, it is the income of $0 to $51,300, since Jake's income falls within the range, his Social Security and Medicare payment would be 7.45% of his income .

Social Security and Medicare payment=rate*Jake's income

rate=7.45%

Jake's income= $31,340

Social Security and Medicare payment=7.45%*$31,340

Social Security and Medicare payment=$2,334.83

The amount that Jake would have paid out of his income of $31,340 as Social Security and Medicare in the tax year of 2010 is $2,334.83.

The fact that Jake's income did not exceed the initial threshold of $51,300 means that the higher rate of Social Security and Medicare payment would not apply in this case.

Find out more about Social Security and Medicare on:brainly.com/question/19815763

#SPJ1

You might be interested in
Which expression is equivalent to 20?
DaniilM [7]

Answer:

C. 4 X (3 + 8 – 6)

Step-by-step explanation:

3 + 8 = 11

11 - 6 = 5

5 x 4 = 20

8 0
3 years ago
Read 2 more answers
What is the formula for the following arithmetic sequence? -9 , -2 , 5 , 12
nirvana33 [79]
First term:  -9
Common difference:  7


a(n) = -9 + 7(n-1), for n = {1, 2, 3, ... }

Check:  what is the first term?  let n=1.   Then a(1) = -9 + 7(1-1) = -9.  
This is correct.
7 0
3 years ago
Read 2 more answers
WILL GIVE BRAINLEIST!!!
sesenic [268]

Considering that the data has no outliers, the mean of 3.2 inches should be used to describe the center of the data represented in this line plot.

<h3>What measure should be used to describe the center of a data-set?</h3>

It depends if the data-set has outliers or not.

  • If it does not have outliers, the mean should be used.
  • If it has, the median should be used.

The dot plot gives the number of times each measure appears. Since there is no outliers, that is, all values are close, the mean should be used. It is given by:

M = (2 x 1 + 3 x 2 + 2 x 3 + 1 x 5 + 1 x 6 + 1 x 7)/(2 + 3 + 2 + 1 + 1 + 1) = 3.2 inches.

The mean of 3.2 inches should be used to describe the center of the data represented in this line plot.

More can be learned about the mean of a data-set at brainly.com/question/24628525

5 0
2 years ago
Read 2 more answers
What issue did the great compromise resolve
kondor19780726 [428]

Answer:

The issue of the great compromise resolved representation.

Step-by-step explanation:

8 0
3 years ago
Find three consecutive even integers whise sum is 222
dangina [55]

74....74....74............

6 0
3 years ago
Read 2 more answers
Other questions:
  • If DE=4x+10, EF =2x-1, and DF=9x-15, find DF
    12·2 answers
  • I have two questions.
    10·1 answer
  • What is the radius in feet of a circle that contains 78.5 square feet?
    8·1 answer
  • At the beginning of the season, MacDonald had to remove
    10·1 answer
  • How do you add 5x/2x-16 + 2/x^2-64
    7·2 answers
  • the area of a projected picture on a movie screen varies directly as the square of the distance from the projector to the screen
    8·1 answer
  • Write and simplify the integral that gives the arc length of the following curve on the given interval b. If necessary, use tech
    12·1 answer
  • Suppose you buy a new car whose advertised mileage is 20 miles per gallon​ (mpg). After driving your car for several​ months, yo
    7·1 answer
  • 15 of 20 answer
    7·1 answer
  • Given L(-4, 3) and M(-7, -2), what is the length of segment LM?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!