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.
a.
$6.49
b.
$8.38
c.
$64.93
d.
$83.78

Question

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.
a.
$6.49
b.
$8.38
c.
$64.93
d.
$83.78

anonymous · Answer

multiply $1,047.30 by the decimal equivalent of 6.2%

anonymous · Answer

what is the decimal equivalent of 6.2 @Peter14

anonymous · Answer

divide 6.2% by 100 and take away the percent sign to find the decimal equivalent

anonymous · Answer

C, thanks! @Peter14

anonymous · Answer

thank you for actually doing the work instead of trying to make me do it for you