Answer:
x-intercept = 3 ; y-intercept = -5
Step-by-step explanation:
Lets rearrange the equation into the form y = mx + b:
5x - 3y = 15
-3y = 15 - 5x
Divide by -3:
y = 5x/3 - 5
Here we know that b (-5) is the y-intercept, and we can find the x-intercept by starting at the y-intercept and using the slope till we get the x-intercept. Or you can set y = 0 and solve for x, either way you get x-intercept = 3.
Answer:6 9/10
Step-by-step explanation:
<span>Social Security tax is a percentage that both employees and employers must contribute 6.2% of employee compensation, for a total of 12.4%.
The social security that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 12.4% of $106,800 = 0.124 x $106,800 = $13,243.20
The Medicare payroll tax is 2.9%. It applies only to earned income, which is wages you are paid by an employer, plus tips. You're responsible for 1.45% of the tax, and it's deducted automatically from your paycheck. Your employer pays the other 1.45%
The Medicare tax that would be applied to an annual salary of $235,430 using $106,800 as the maximum taxable income is 2.9% of $106,800 = 0.029 x $106,800 = $3,097.20
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