HELP 25 POINTS LIKE HELP SOLVE THIS ASAP!!!
1 answer:
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Answer:
FICA tax should his employer withhold be $24.92 .
Option (D) is correct .
Step-by-step explanation:
As given
Bill’s FICA tax is 7.65% of his earnings of 325.78 per week.
7.65 % is written in the decimal form.
= 0.0765
FICA tax price = 0.0765 × Earning of a week
Putting values in the above
FICA tax price = 0.0765 × 325.78
= $ 24.92 (Approx)
Therefore the FICA tax should his employer withhold be $24.92 .
Option (D) is correct .