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finlep [7]
3 years ago
8

Jill Janzen’s gross weekly pay is $298. Her earnings to date for the year total $14,900. What amount is deducted from her pay ea

ch week for Social Security, which is taxed at 6.2%?
Mathematics
2 answers:
Sloan [31]3 years ago
8 0
298 x 0.062 = the amount that is deducted
298 x 0.062 = 18.476

The total amount of money she has earned this year is given to you just to confuse you. All you really need is the percent converted to a decimal, which is 0.062, and her weekly pay, which is $298. You multiply these two together to get 18.476, which when rounded becomes $18.48.

So, every week, $18.48 is deducted from her weekly pay.
Leviafan [203]3 years ago
4 0
I believe we pay 6.2% social security tax and another 1.45% for medicare. 
So you would pay approximately 18.48 for social security tax and another 4.32 for medicare each week.  Provided the 298. is your gross income. 
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