Answer:
$171.62 for social security.
$40.14 for medicare.
Step by step explanation:
We have been given that Marika Perez’s gross biweekly pay is $2,768.
To find the amount deducted from her pay for social security tax, we will find 6.2% of her biweekly pay.
[tex]\text{The amount deducted for social security from Marika's biweekly pay}=\frac{6.2}{100}\times \$2,768[/tex]
[tex]\text{The amount deducted for social security from Marika's biweekly pay}=0.062\times \$2,768[/tex]
[tex]\text{The amount deducted for social security from Marika's biweekly pay}=\$171.616\approx \$171.62[/tex]
Therefore, $171.62 is deducted from Marika's biweekly pay.
Now let us find 1.45% of $2768 to find the amount of medicare deducted from her pay.
[tex]\text{The amount deducted for medicare from Marika's biweekly pay}=\frac{1.45}{100}\times \$2,768[/tex]
[tex]\text{The amount deducted for medicare from Marika's biweekly pay}=0.0145\times \$2,768[/tex]
[tex]\text{The amount deducted for medicare from Marika's biweekly pay}=\$40.136\approx \$40.14[/tex]
Therefore, an amount of $40.14 is deducted from Marika's biweekly pay for medicare.
