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8 July, 16:37

Gary earned a gross pay of $1,047.30 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amount of Social Security tax deducted from Gary's gross pay.

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  1. 8 July, 19:50
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    Answer:$64.93 Explanation: The amount of Social Security tax deducted from Gary's gross pay is approximately $64.93. You get this by multiplying $1,047.30 by decimal equivalent of 6.2% (6.2/100=0.062). 0.062*1047.30=64.93
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