Answer
Social security tax amount = $3348
Medicare tax amount = $743
Step by step explanation
The amount earned by Marcus = $54000
Social security tax = 6.2% = 6.2/100 = 0.062
Social security tax amount = 54000*0.062
Social security tax amount = $3348
Medicare tax = 1.45% = 1.45/100 = 0.0145
Medicare tax amount = 54000*0.0145
Medicare tax amount = $743
Hope this will help you.
Answer:
The answer is 150
Step-by-step explanation:
I think what you mean with the numbers between the "I's" is <em>absolute value</em>. Any number is just that number, so the <em>absolute value </em>of -6, is 6. The absolute value of 24 is 24. That means it's simply 137+13, which is <u>150</u>.
The one year-plan would have a credit, so it would have a positive sign. In the monthly plan, there is a high risk of being late in paying the bills. That's why a fine of $10 is given for every month that you are late. If you are not time conscious and you end up being late every month, it would give you a negative balance.