lichelle pays a FICA/OASDI (Federal Insurance Contributions Act/Old Age Survivors and Disability isurance) tax of 0.064 and a FICA/Medicare tax of 0.0184 on her annual salary of $63,160. What is the tal amount she pays obtained by rounding each tax amount to the nearest hundredth of a dollar efore adding the two amounts?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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Michelle pays a FICA/OASDI (Federal Insurance Contributions Act/Old Age Survivors and Disability
Insurance) tax of 0.064 and a FICA/Medicare tax of 0.0184 on her annual salary of $63,160. What is the
total amount she pays obtained by rounding each tax amount to the nearest hundredth of a dollar
before adding the two amounts?
$
Transcribed Image Text:Michelle pays a FICA/OASDI (Federal Insurance Contributions Act/Old Age Survivors and Disability Insurance) tax of 0.064 and a FICA/Medicare tax of 0.0184 on her annual salary of $63,160. What is the total amount she pays obtained by rounding each tax amount to the nearest hundredth of a dollar before adding the two amounts? $
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