Ok so im having some problems in my business math summer course,best answer for whoever gets the most correct.
ok here we go:
4. Chris Huen, an oceanographer, is paid $576.20 a week. His earnings to date this year total $21,895.60. The social security tax rate is 6.2% of the first $62,700 earned. How much is deducted from his paycheck this week for social security tax?
5. Sherry Reese, a technical writer for Ace Electronics, earns $423.08 a week. Her medical insurance costs $3219 a year, of which her company pays 75% of the costs. How much is deducted each week from her paycheck for medical insurance?
6. John Jacobson, a title insurance officer, is married and claims 2 allowances. He earns $432.75 a week. The social security tax rate is 6.2% of the first $62,700 earned. The medicare tax rate is 1.45% of gross. The state tax rate is $6.95 a week. He has weekly deductions of $21 for medical insurance and $30 for payroll savings.
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