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natta225 [31]
3 years ago
8

PLEASE ANSWER ASAP!!

Mathematics
1 answer:
ExtremeBDS [4]3 years ago
3 0

Answer:

<u>Fred paid US$ 310 to Social Security as a payroll tax</u>

<u>Fred paid US$ 72.50 to Medicare as a payroll tax</u>

<u>Fred paid 18% of his income to the Federal government as an income tax</u>

<u>Fred paid 5% of his income to the state government as an income tax</u>

Step-by-step explanation:

Fred's earnings in June were $ 5,000

A. Payment to Social Security

5,000 * 6.2% = 5,000 * 0.062 = 310

B. Payment to Medicare

5,000 * 1.45% = 5,000 * 0.0145 = 72.50

C. Federal Income Tax

900/5,000 = 0.18 = 18%

D. State Income Tax

250/5,000 = 0.05 = 5%

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<h3>What is average?</h3>

In daily life, an average is a number chosen to represent a group of numbers; it is often the sum of the numbers divided by the total number of numbers in the group (the arithmetic mean). The average of the integers 2, 3, 4, 7, and 9, for instance, is 5, which equals 25. An average could alternatively be another statistic like the median or mode, depending on the situation. The median is sometimes used in place of the mean since the mean would be unnaturally high if it included the personal incomes of a few billionaires. The median is the amount below which 50% of personal incomes fall and above which 50% of personal incomes rise.

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