Question

Social Security tax = $655.84 x 0.062 = ???

Medicare tax = $655.84 x 0.0145 = ??

Please solve both as long multiplication
so I can understand how to solve these types of questions myself

Answer 1

Explanation:

1. 655.84

x 0.0062

131168

+ 393504

000000

0000000

0004066208

there are 5 numbers after the decimal point,we count from the back and place our point = 40.66208

2. 655.84

x 0.0145

327920

+ 262336

65584

00000

000000

000950968

there are 5 numbers after the decimal point,we count from the back and place our point = 9.50968