3) Santiago's weekly pay is $692.00. 7.8% of his is deducted weekly for Social Security and раy Medicare. How much is Santiago's yearly contribution to Social Security and Medicare? Recall that there are 52 weeks in a year. A) $2995.66 B) $2806.75 C) $2717.84 D) $2628.93 E) $2539.02

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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3) Santiago's weekly pay is $692.00. 7.8% of his
pay is deducted weekly for Social Security and
Medicare. How much is Santiago's yearly
contribution to Social Security and Medicare?
Recall that there are 52 weeks in a year.
A) $2995.66
B) $2806.75
C) $2717.84
D) $2628.93
E) $2539.02
Transcribed Image Text:3) Santiago's weekly pay is $692.00. 7.8% of his pay is deducted weekly for Social Security and Medicare. How much is Santiago's yearly contribution to Social Security and Medicare? Recall that there are 52 weeks in a year. A) $2995.66 B) $2806.75 C) $2717.84 D) $2628.93 E) $2539.02
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