Based on the social security tax rate and the Medicare tax, the monthly Social security is $109.12 and the Medicare tax is $25.52.
<h3>What is monthly social security act?</h3>
Graham, C. has not reached the $128,400 threshold for social security so the Social Security tax withholding for the month will be:
= Monthly salary x Social security rate
= 1,760 x 6.2%
= $109.12
The Medicare has no limit and so will be:
= 1,760 x 1.45%
= $25.52
Find out more on Social Security and Medicare at brainly.com/question/27677508.
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Answer:
To find the sum of an infinite geometric series having ratios with an absolute value less than one, use the formula, S=a11−r , where a1 is the first term and r is the common ratio.
Hey!
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Steps To Solve:
50 - 5² ÷ 5
~Solve for exponent
50 - 25 ÷ 5
~Divide
50 - 5
~Subtract
45
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Answer:
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Hope This Helped! Good Luck!