Question
Employees in 2012 paid 4.2% of their gross wages towards social security while employers paid another 6.2%. How much will someone earning 32,000 a year pay towards social security out of their gross wages ?
166
likes829 views
Answer to a math question Employees in 2012 paid 4.2% of their gross wages towards social security while employers paid another 6.2%. How much will someone earning 32,000 a year pay towards social security out of their gross wages ?
Fred
4.4120 Answers
1. Determine the percentage of gross wages paid by the employee towards social security: 4.2% or 0.042.
2. Calculate the social security amount paid by the employee:
32,000 \times 0.042 = 1,344
3. Hence, someone earning $32,000 a year will pay $1,344 towards social security out of their gross wages.
2. Calculate the social security amount paid by the employee:
3. Hence, someone earning $32,000 a year will pay $1,344 towards social security out of their gross wages.
Frequently asked questions (FAQs)
What is the surface area of a rectangular prism with length 10, width 5, and height 8?
+
Question: What is the product of the mixed number 2 3/4, the prime factorization of the number 48, and the real number 5.25?
+
Math question: Find the 4th order derivative of f(x) = 3x^4 - 2x^3 + 5x^2 - 7x + 1.
+
New questions in Mathematics