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rosijanka [135]
3 years ago
7

6 hundreth = thousandths

Mathematics
1 answer:
ryzh [129]3 years ago
8 0
60 hope it helps and its right


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Calculate Medicare tax (1.45% of gross pay <br><br> Gross Pay: $576.00
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Answer: $8.35

Step-by-step explanation:

Given: The amount as gross pay= $576.00

The rate of Medicare tax =1.45%  = 0.0145

Now, to calculate the medicare tax we need to multiply the rate of Medicare tax with the gross pay , we get

\text{Medicare tax=0.0145*Gross Pay}\\\\\Rightarrow\ \text{Medicare tax}=0.0145\times576.00\\\\\Rightarrow\ \text{Medicare tax}=\$8.352\approx\$8.35

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Use this tax table to find how much tax you need to pay on a taxable income of $40,000.
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40,000-31,850= 8,150times .25= 2,037.50

4,386.25+2,037.50= $6,423.75
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