Question

HELP PLEASE IM STUCK!!!!

Answer 1

5,704 is your answer.

Explanation:

What you do is this:

92,000 x 6.2% =

5,704 is your answer.

Answer 2

$5,704

Explanation:

We know that

• Amanda earns 92,000 per year.
• The social security taxes are 6.2% per year, which is equivalent to 0.062.

Now, to know the how much Amanda will pay in taxes, we just need to multiply

`92,000 * 0.062 = 5,704`

Therefore, Amanda will pay $5,704 in social security taxes, because she earns 92,000 per year, and the taxes are 6.2% of her incomes per year.

So, the right answer is the second choice.