FICA or Federal Insurance Contributions Act is composed of social security tax and medicare tax. Hence, we need to add these taxes to get the FICA tax.Social Security Tax is = 6.2%Medicare Tax is = 1.45%
Social Security Tax = 36,038*.062 = 2,234.356 Medicare Tax = 36,038*.0145 = 522.552
2,234.356 + 522.552 = 2,756.907 or 2,756.91
Therefore, Elias paid B.) 2,756.91 as FICA tax for the year.
Hello,
√6.25 =2.5
but √36=6
Answer:
4.56
Step-by-step explanation:
After this equation is simplified, it is solved the way any 1-step linear equation is solved.
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1.4t -0.4(t -3.1) = 5.8 . . . . . . given
1.4t -0.4t +1.24 = 5.8 . . . . . eliminate parentheses
t +1.24 = 5.8 . . . . . . . . . collect terms (now you have a 1-step equation)
t = 4.56 . . . . . . . . . .subtract 1.24
You can't change more than 100 percent
