The Federal Insurance Contributions Act (FICA) is made up of
two items, Social Security and Medicare taxes. For 2016, the Social Security
tax rate is 6.2% on the first $118,500 wages paid. The Medicare tax rate is
1.45% on the first $200,000 and 2.35% above $200,000. Since the total earnings is
only $110,700 which is not yet taxable. So there is no taxable earnings yet.
Answer:
5(3x + 5) or 15x + 25
Step-by-step explanation:
A regular pentagon has 5 sides of equal length. The perimeter is the sum of the lengths of those sides. We can use multiplication to find the sum of 5 of the same value:
P = 5(3x +5)
Perhaps you want it expanded. Using the distributive property, we multiply each term in parentheses by 5:
P = 15x + 25
Answer:
0
Step-by-step explanation:
ap/2
Answer:
Each Caramel Macchiato is $5.60
Step-by-step explanation:
You could write the equation 5x+7=35
x stands for the price of each macchiato
the +7 is the $7 left-over after getting 5 macchiatos.
Then solve the equation.
1) subtract 7 on both sides
5x=28
2) divide by 5 on both sides
x=5.60
Answer:
Part A) The percentage increase was 
Part B) Michael is financially better off this year than last year
Step-by-step explanation:
Part A)
we know that
Using proportion
Let
x-----> the percentage increase

Part B) Compare the percentage increase with the inflation

The percentage increase is greater than the inflation
therefore
Michael is financially better off this year than last year