FICA or Federal Insurance Contributions Act is composed of social security tax and medicare tax. Hence, we need to add these taxes to get the FICA tax.Social Security Tax is = 6.2%Medicare Tax is = 1.45%
Social Security Tax = 36,038*.062 = 2,234.356 Medicare Tax = 36,038*.0145 = 522.552
2,234.356 + 522.552 = 2,756.907 or 2,756.91
Therefore, Elias paid B.) 2,756.91 as FICA tax for the year.
One thousandths. make sure you add the ths because it is a decimal
Angie can make 50 groups of cookies and brownies.
24 = 2/1/2 cups
1 cup = 9/3/5
30 = 3/1/8 cups
5600*.065=364 5600+364=$5964 in the account at the end of the year. ☺☺☺☺<span>
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