# Consumer Math

posted by on .

Find the annual amount of FICA at a 7.51% rate by computing his annual salary.
Sam Takagi
Weekly salary: \$435.16
Not self-employed

Find the annual amount of FICA by computing his annual salary.
\$169,938.68 \$16,993.87
\$1,699.39
2.

Find the annual amount of FICA at a 7.51% rate by computing his annual salary.
Juan Vance
Weekly salary: \$231.67
Not self-employed

Find the annual amount of FICA by computing his annual salary.
\$9,047.20 \$904.72
\$90,472
3.

Find the annual amount of FICA at a 7.51% rate by computing his annual salary.
Annual salary: \$42,012
Not self-employed

Find the average monthly FICA by computing the average monthly salary.
\$262.93 \$3155.10
\$525.85
4. Jo Dell is a self-employed artist who charges \$25 per hour for her services. She averages 17 hours of work per week. How much FICA tax should she pay at a rate of 15.02%?
\$63.84 \$6,396.25
\$103.45
5. Steven works for a real estate developer. In what month of the year will he make his final FICA payment if he has been earning \$3,985 per month since the beginning of the year and FICA tax is collected on the first \$43,800?
September July
November
6. Gross pay: \$573.05
Total deductions: \$229.22
What would the Net pay be?
\$802.27 \$343.83
\$229.22
7. Gross pay: \$406.96
Total deductions: \$142.44
What would the Net pay be?
\$549.40 \$264.52
\$406.96
8. Total deductions: \$96.38
Net pay: \$179
What would the Gross pay be?
\$275.38 \$82.62
\$179
9. Total deductions: \$98.11
Net pay: \$218.36
What would the Gross pay be?
\$120.25 \$338.61
\$316.47