Question 5 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
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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
Kaya paid $3,381.48 last year in social security. If the Social Security tax is $0.062 tax for every $1 earned, what was Kaya's annual income for last year?
The following video may help with this question.
Just using the social security, medicare, and income taxes to determine net income, is the following statement true or false?
Net Annual Income is always less than Annual Income.
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