3 years ago

Personal Finance

Mathematics

1 answer:

Aleonysh [2.5K]3 years ago

7 0

9514 1404 393

Answer:

$3,595.50

Step-by-step explanation:

FICA is the sum of Social Security and Medicare taxes.

7.65% × $47,000 = $3,595.50

On earnings of $47,000, you would pay $3,595.50 to FICA.

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