I think it is 88 6/10
(Eighty eight and six tenths)
Or simplified....
88 3/5
(Eighty eight and three fifths)
Answer:
x= -5
Step-by-step explanation:
Divide each term by
5
and simplify.
<span>Social Security tax is a percentage that both employees and employers must contribute 6.2% of employee compensation, for a total of 12.4%.
The social security that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 12.4% of $106,800 = 0.124 x $106,800 = $13,243.20
The Medicare payroll tax is 2.9%. It applies only to earned income, which is wages you are paid by an employer, plus tips. You're responsible for 1.45% of the tax, and it's deducted automatically from your paycheck. Your employer pays the other 1.45%
The Medicare tax that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 2.9% of $106,800 = 0.029 x $106,800 = $3,097.20
</span>
It would be 750 dollars because you take 500 times .15 and get 750
