ed23242 ed23242

07-10-2021
Mathematics

contestada

Adam Zetts is an aerospace engineer. He earns $78,000 a year
and is paid on a semimonthly basis. How much is deducted
per pay period for Social Security? How much for Medicare?

Respuesta :

jmurray8 jmurray8

10-10-2021

Answer:

Social Security: $201.50, Medicare: $47.13

Step-by-step explanation:

divide 78,000 by 24(semimonthly) - $78000/24 = $3250(gross semimonthly basis)

multiply 3250 by .062(social security) - 3250 x .062 = $201.50

multiply 3250 by 0.0145(medicare) - 3250 x 0.0145 = $47.13

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