All categories

3 years ago

An employee pays what percentage for FICA?

Mathematics

2 answers:

aev [14]3 years ago

5 0

Answer:

7.65%.

Step-by-step explanation:

We are supposed to tell me percentage for FICA that an employee pays.

We know that Federal Insurance Contributions Act is comprised of the social security tax and medicare tax.

The social security tax is 6.2% and social security tax is 1.45%.

$FICA=\text{Social security tax}+\text{Medicare tax}$

$FICA=6.2\%+1.45\%$

$FICA=7.65\%$

Therefore, an employee pays 7.65% percentage for FICA.

Neporo4naja [7]3 years ago

4 0

<span>FICA takes out a percentage of 7.65% per person </span>

You might be interested in

Day of a measles outbreak at a school, 8 students were identified to have the measles. Each day for the On the first following t

Mrrafil [7]

Answer:

D. 504

Step-by-step explanation:

Let the number of days = x

Now, the number of students doubles each day for the two weeks with the initial number of students having measles = 8.

So, we have,

Days (x) Cases doubled Number of Students

1 8 8

2 8 × 2 16

3 16 × 2 32

4 32 × 2 64

So, we get the geometric series as 8, 16, 32, 64,...... for two weeks.

Then, the common ratio = $\frac{16}{8}=\frac{32}{16}$ = 2

Thus, Number of students = $8\times \frac{(1-2^6)}{1-2}$

i.e. Number of students = $8\times \frac{(1-64)}{-1}$

i.e. Number of students = $8\times \frac{(-63)}{-1}$

i.e. Number of students = 8 × 63 = 504

Hence, the number of students having measles at the end of the 6th day are 504.

5 0

3 years ago

Read 2 more answers

HELPPPPPPP GIVING 100 POINTS FOR ANSWER.......Ivan bought a box of macadamia nuts to bring home from his trip. A rectangular pri

Alex777 [14]

Answer:

18 x 15 x 3 is 810. The volume is 810.

Step-by-step explanation:

Volume of cuboid= Length*Width*Breadth

Volume of container= 18 cm X 15 cm X 3cm

Volume of container=810

Hope i helped

4 0

3 years ago

Read 2 more answers

Line AB contains points A (3, −2) and B (1, 8). The slope of line AB is −5 negative 1 over 5 1 over 5 5

pentagon [3]

Slope = (8+2)/(1 - 3) = 10/-2 = -5
answer
<span> −5 </span>

8 0

3 years ago

Read 2 more answers

PLEASE HELPPPPPP ME

seraphim [82]

Answer:

True

Step-by-step explanation:

Do the working for it and youll find the answer

$1 + cosa$

$\pi$

5 0

3 years ago

Two numbers have a sum of 68 and a difference of 46

monitta

Answer:

57 and 11

Step-by-step explanation:

57+11=68

57-11=46

3 0

3 years ago

Read 2 more answers