Question

kyle has a job that pays $55,000 per year. how much will he pay in social security taxes (social security taxes are 6.2% of earnings)

Answer 1

$<b>Heya !!$

Here's your answer !!

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GIVEN THAT :

Annual income of Kyle : $ 55,000

Social security taxes are 6.2% of the earnings


TO FIND :

Amount of money to be paid in social security taxes.


SOLUTION :

$\bf tax \: = \: \frac{\% \: of \: earning \: to \: be \: paid \: for \: tax}{100} \: \times \: annual \: income \\ \\ = > \bf \: \frac{6.2}{100} \: \times \:55000 \\ \\ = > \bf \: 0.062 \: \times \: 55000 \\ \\ = > \bf 3410$


ANSWER

Kyle will pay $ 3410 in social security taxes from his annual income.

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Thanks !!

Answer 2

hey mate.....

here's ur answer......

Job pays the income of - Rs 55000 per year..

Note - (social security taxes are 6.2% of earnings)

Solution _________

Tax = 6.2/100 × 55000

= 0.062 × 55000

= 3410 ......

Hope it helps☺