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Gemiola [76]
3 years ago
14

To date, Ty has cumulative earnings of $107,600. This week he is paid $3,000. What's the total amount of social security tax for

this week? Assume a rate of 6.2% on $110,100 for social security and 1.45% for Medicare.
A. $186.00
B. $155.00
C. $180.00
D. $57.66
Mathematics
2 answers:
rjkz [21]3 years ago
6 0
Ty's social security tax is
  6.2% * $3000 = $186.00

The best choice is ...
  A. $186.00
maw [93]3 years ago
5 0

Answer:

Option A. $186.00

Step-by-step explanation:

Ty is paid this week = $3,000

social security tax ( 6.2%) and medicare tax (1.45%) is called FICA tax, but we have to calculate only social security tax for the weekly pay.

Therefore,

6.2% of 3,000 = \frac{6.2}{100} ×  3000

= 0.062 × 3000 = 186.00

The total amount of social security tax for this week is $186.00

Option A. $186.00

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An equation is a mathematical statement formed when two algebraic expression is equated by an equal sign .

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brainly.com/question/10413253

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