Question

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?

Answer 1

Answer: 986.75
Explanation:

Answer 2

`\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}`