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crimeas [40]
3 years ago
7

Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amou

nt of Social Security tax deducted from Gary’s gross pay.
Mathematics
2 answers:
KiRa [710]3 years ago
5 0

Answer:

The  social Security tax is $64.933 .

Step-by-step explanation:

As given

Gary earned a gross pay of $1,047.30 last week.

Social Security tax is 6.2% of gross pay .

6.2% is written in the decimal form

= \frac{6.2}{100}

= 0.062

Social Security tax = 0.062 ×  Gross pay

Put all the values in the formula

Social Security tax = 0.062 ×  1047.30

                               = $64.933 (Approx)

Therefore the  social Security tax is $64.933 .

Westkost [7]3 years ago
3 0
To find the answer, we multiply 1,047.30 by 6.2% which is 0.062 in percentage.
1047.30 x 0.062 = 64.93
64.93 is being taken away.
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