Question

Martha earned a gross pay of $1,215,60 last week. Using the fact that Social Security tax is 6.7% of gross pay, determine the

amount of Social security tax deducted from Martha's gross pay
a $7.54
b. $65.37
c. $75,37
d. $75.40

Answer 1

c) $ 75.37

Explanation:

The correct question is:

Martha earned a gross pay of $1,215.60 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the

amount of Social security tax deducted from Martha's gross pay

a $7.54

b. $65.37

c. $75.37

d. $75.40

ANSWER:

Martha's gross pay = $ 1,215.60

Social Security Tax = 6.2%

Calculate Social Security tax:

6.2% of 1,215.60

6.2/100 x 1,215.60 = $ 75.37

Therefore, the correct answer is option c: $ 75.37

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