For wages less than the maximum taxable wage base, Social Security contributions (including those for Medicare) by employees are
7.65% of the employee's wages. (a) Find an equation that expresses the relationship between the wages earned (x) and the Social Security taxes paid (y) by an employee who earns less than the maximum taxable wage base.
The total taxes paid is a function of the total wages earned.
For wages less than the maximum taxable wage base, Social Security contributions (including those for Medicare) by employees are 7.65% of the employee's wages.
So 7.65% of the total wages earned are paid in taxes. We write the percentage as a decimal, so 7.65/100 = 0.0765
the answer is 50 years bc 2% of 3000 is 60 and to get to 300 from 60 you would multiply by 50 to get 3000 added to the populationg colorado has now you get 6000.
