contestada

Pete makes $825.00 a week. His employer deducts 7.65% for FICA. How much money is the employer deducting?

Respuesta :

Answer:

$63.11

Explanation:

FICA stands for Federal Insurance Contribution Act. It is a combination of two taxes that find Medical health insurance and social security benefits. The employees deduct and withhold FICA from the employee paycheck.

If Pete makes $825 per week

the employer will deduct 7.65% of $825

=7.65/100 X $825

=0.0765 x $825

=$63.1125

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE