1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
saveliy_v [14]
3 years ago
11

Pete makes $825.00 a week. His employer deducts 7.65% for FICA. How much money is the employer deducting?

Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

$63.11

Explanation:

FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.

If Pete makes $825 per week

the employer will deduct 7.65% of $825

=7.65/100 X $825

=0.0765 x $825

=$63.1125

You might be interested in
Aiken is in his first year of college. He wants to become a hotel manager what should he do to help prepare for this career
Galina-37 [17]

Answer:

A.try to get an internship

Explanation:

correct on ed 2020

3 0
4 years ago
Read 2 more answers
Which of the following statements is correct? a. If the monopolist's marginal revenue is greater than its marginal cost, the mon
Artist 52 [7]

Answer:<u><em>If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. </em></u>

Explanation:

If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit. In the case of higher MR , the maximum profit will come about at the level of where MR is equal to the MC. So in this case to increase the profit, MR i,e, also the price can be lower to the level of MC to sell more commodity and earn higher profits.

7 0
3 years ago
Your friend, Jon is a project manager of another project at your company that shares some of the same resources as your project.
worty [1.4K]

Answer:Sideward Influence

Explanation:

Sideward Influence involves managing the project manager's peers to ensure collaboration, rather than competition.

It is however important to clarify their requirements of the project and their impacts on the project as separate groups.

8 0
3 years ago
You have 40 years left until retirement and want to retire with $5 million. Your salary is paid annually, and you will receive $
Marat540 [252]

Answer:

16.67%

Explanation:

Calculation to determine what percentage of your salary must you save each year

First step is to calculate the Annual savings

Annual savings=$5 million*[(10%-3%)/(1+0.1)^40-(1+0.03)^40]

Annual savings=$5 million*0.07/(1.1^40-1.03^40)

Annual savings=$8333.88

Now let determine the percentage of the salary you must save each year

Proportion of savings=$8333.88/$50,000

Proportion of savings=0.1667*100

Proportion of savings=16.67%

Therefore the percentage of your salary that you must save each year is 16.67%

5 0
3 years ago
. Seven cards each have a positive integer printed
Amiraneli [1.4K]
This is a probability question
4 0
3 years ago
Other questions:
  • Wildhorse Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total
    13·1 answer
  • According to the​ Break-Even EBIT​ analysis, shareholders are​ ____ off with debt when EBIT is​ _____ the​ Break-Even EBIT level
    7·1 answer
  • 1. Your church has decided that one of its missions will be to provide assistance to those members that demonstrate a need for a
    11·1 answer
  • If the total unit cost of manufacturing Product Y is currently $36 and the total unit cost after modifying the style is estimate
    15·1 answer
  • ____ is the process of dividing a disk into tracks and sectors, so the operating system can store and locate data and informatio
    8·2 answers
  • Alpha Corp. creates a syrup that is flavored with coffee and chocolate and sells it under the name MochaMerge. Beta Co. begins t
    5·1 answer
  • Turnbull Department Store had net credit sales of $18,000,000 and cost of goods sold of $15,000,000 for the year. The average in
    14·2 answers
  • What are welfare payments or consumer subsidies in south africa
    10·1 answer
  • ¿Que es una fuente luminosa?
    11·1 answer
  • If a firm's dol is 3.6 with a profit of $2,000,000 and depreciation of $500,000, what are its other fixed costs?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!