Anonymous Anonymous

13-03-2017
Mathematics

Answered

What is the FICA tax (assuming a 7.65% rate) on a weekly paycheck of $407.00?

Verified Answer :

Edufirst Edufirst

21-03-2017

This question requires you calculate the 7.65% of 407.00.

You do that by multiplying the percent/100 times the paycheck.

That is (7.65 / 100 ) * 407.00 = 31.1355, which rounded to two decimals is 31.14.

Answer: 31.14

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