Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $34,000 a year pay towards social security out of their gross wages? $ Give your answer accurate to at least the nearest dollar.
Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $34,000 a year pay towards social security out of their gross wages? $ Give your answer accurate to at least the nearest dollar.
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.6: Solve Applications With Linear Inequalities
Problem 3.109TI: Tiffany just graduated from college and her new job will pay her $20,000 per year plus 2% of all...
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Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $34,000 a year pay towards social security out of their gross wages?
$
Give your answer accurate to at least the nearest dollar.
$
Give your answer accurate to at least the nearest dollar.
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