Answer:
FICA tax on a weekly paycheck of $407.00 is $31.14 .
Option (C) is correct .
Step-by-step explanation:
As given
FICA tax is 7.65% rate and weekly paycheck of $407.00 .
7.65% is written in the decimal form
[tex]= \frac{7.65}{100}[/tex]
= 0.0765
Thus
FICA tax = 0.0765 × Weekly paycheck amount .
Put all values in the above
FICA tax = 0.0765 × 407
= $31.14 (Approx)
Therefore FICA tax on a weekly paycheck of $407.00 is $31.14 .
Option (C) is correct .
