Mr. Jones has 6 employees whose gross pay totals $3060. Assuming 7.05% social security withholding, how much total should he wit

Question

SVETLANKA909090 [29]

3 years ago

6

Mr. Jones has 6 employees whose gross pay totals $3060. Assuming 7.05% social security withholding, how much total should he wit

hhold from their checks for social security?

Mathematics

2 answers:

Mademuasel [1] · Answer 1 · 2022-07-02T19:52:36+03:00

Mademuasel [1]3 years ago

3 0

Since we are already given with the total gross pay of the 6 employees, the amount that Mr. Jones should withhold from them for the social security tax that needs to pay will just be the product when $3,060 is multiplied by 7.05%. The answer should be $215.73.

Ierofanga [76] · Answer 2 · 2022-07-02T21:27:44+03:00

Answer:

$215.73

Step-by-step explanation:

Mr. Jones has 6 employees whose gross pay totals = $3060

Their social security withholding = 7.05%

Total withhold from their checks = 7.05% of $3060

= $\frac{7.05}{100}$ × 3060

= 0.0705 × 3060

= $215.73

Mr. Jones withhold $215.73 from their checks for social security.