1. Marty's friend Tom earned $31,200 last year. He paid $3,546.50 in income tax, $1,934.40 in Social Security, and $452.40 in Medicare. Using this information, calculate the following. Note: Round your answer to the nearest penny (cent) if necessary. Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example: $16,451.00 Tom's net annual income is: Tom's net monthly income is: 2. Adriana's income last year was $56,700. If Medicare is taxed at a rate of $1.45 tax per $100 earned, how much Medicare tax did Adriana pay last year? Note: Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example: $16,451.00
1. Marty's friend Tom earned $31,200 last year. He paid $3,546.50 in income tax, $1,934.40 in Social Security, and $452.40 in Medicare. Using this information, calculate the following. Note: Round your answer to the nearest penny (cent) if necessary. Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example: $16,451.00 Tom's net annual income is: Tom's net monthly income is: 2. Adriana's income last year was $56,700. If Medicare is taxed at a rate of $1.45 tax per $100 earned, how much Medicare tax did Adriana pay last year? Note: Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example: $16,451.00
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.3: Modeling With Linear Equations
Problem 3ECP: Your family has annual loan payments equal to 28 of its annual income. During theyear, the loan...
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1. Marty's friend Tom earned $31,200 last year. He paid $3,546.50 in income tax, $1,934.40 in Social Security, and $452.40 in Medicare. Using this information, calculate the following.
Note: Round your answer to the nearest penny (cent) if necessary. Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example:
$16,451.00
Tom's net annual income is:
Tom's net monthly income is:
2. Adriana's income last year was $56,700. If Medicare is taxed at a rate of $1.45 tax per $100 earned, how much Medicare tax did Adriana pay last year?
Note: Input dollar amounts, including cents, and use the $ sign in your answers. Use commas to separate number periods. Do not put a space between the $ and the first number. Example: $16,451.00
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