Tim's gross pay is $1568. The amount of Social security deducted is 6.2% of gross pay. How much of his gross pay will be deducted for the Social Security tax?

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
icon
Related questions
Question
ANSWER THIS QUESTION CORRECTLY!!!
Tim's gross pay is $1568. The amount of Social security deducted is 6.2% of gross pay.
How much of his gross pay will be deducted for the Social Security tax?
O $972.16
O $97.22
O $25.29
O $6.20
Transcribed Image Text:Tim's gross pay is $1568. The amount of Social security deducted is 6.2% of gross pay. How much of his gross pay will be deducted for the Social Security tax? O $972.16 O $97.22 O $25.29 O $6.20
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Recommended textbooks for you
Elementary Algebra
Elementary Algebra
Algebra
ISBN:
9780998625713
Author:
Lynn Marecek, MaryAnne Anthony-Smith
Publisher:
OpenStax - Rice University
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell