Ask Question
8 April, 07:06

Garry earned a gross pay of $1047.30 last week. Using the fact that social security tax is 6.2% of gross pay determine the amount of social security tx deductions from Gary's gross pay

+5
Answers (1)
  1. 8 April, 10:09
    0
    Okay. Social Security tax is 6.2% of the money made. To find the amount of money paid to Social Security, we need to multiply the gross pay by the percentage, in this case, 6.2% (0.062). 1,047.3 * 0.062 = 64.9326 or 64.93 when rounded to the nearest hundredth. $64.93 will be deducted from Gary's gross pay to pay Social Security tax.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Garry earned a gross pay of $1047.30 last week. Using the fact that social security tax is 6.2% of gross pay determine the amount of social ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers