one possible solution to a diminishing social security payroll is to increase the social security tax by…

one possible solution to a diminishing social security payroll is to increase the social security tax by 1.89%. how would such an increase effect the tax on an annual salary of $54,000? a. annual tax would increase by $1,020.60. b. annual tax would increase by $2,327.40. c. annual tax would increase by $3,348.00. d. annual tax would increase by $4,368.60. please select the best answer from the choices provided

one possible solution to a diminishing social security payroll is to increase the social security tax by 1.89%. how would such an increase effect the tax on an annual salary of $54,000? a. annual tax would increase by $1,020.60. b. annual tax would increase by $2,327.40. c. annual tax would increase by $3,348.00. d. annual tax would increase by $4,368.60. please select the best answer from the choices provided

Answer

Explanation:

Step1: Convertir el porcentaje a decimal

1.89% se escribe como 0.0189 en forma decimal.

Step2: Calcular el aumento del impuesto

Multiplicar el salario anual por el decimal del porcentaje de aumento del impuesto. $54000\times0.0189 = 1020.6$

Answer:

A. Annual tax would increase by $1,020.60