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The Medicare tax rate was 1.45% in 2016. Erick made $68,052 that year. How much money did he pay in Medicare tax in 2016?
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The Medicare tax rate was 1.45% in 2016. Erick made $68,052 that year. How much money did he pay in Medicare tax in 2016?

User Cool Mr Croc
by
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2 Answers

8 votes
Answer: 986.75
Explanation:
User Ajay Srikanth
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9.0k points
6 votes


\begin{array}ll \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{1.45\% of 68052}}{\left( \cfrac{1.45}{100} \right)68052}\implies 986.754~\hfill \stackrel{about}{\approx 986.76}

User Nostop
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