Question
A college student A college student, Trey works part-time for an annual salary of $13,500 a year. Their Gross Monthly Income is $1,125.00 1. What
A college student
A college student, Trey works part-time for an annual salary of $13,500 a year.
Their Gross Monthly Income is $1,125.00
1. What is their Monthly Federal Income Tax (11.6%)?
Hint: Do not include a dollar sign ($) in your answer. Make sure to round up to the nearest 100th (0.00)
2. What is their Monthly Social Security (FICA) (6.2%)?
Hint: Do not include a dollar sign ($) in your answer. Make sure to round up to the nearest 100th (0.00)
3. What is their Monthly Medicare (1.45%)?
Hint: Do not include a dollar sign ($) in your answer. Make sure to round up to the nearest 100th (0.00)
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