2
QuizMultiple Choice

Personal Finances

Question 2 • LVA - Mathematical Modeling - Spring

If you are paid $1,750 biweekly and Social Security is 6.2% of your income, then determine the amount of your Social Security deduction in each pay period.

Answer
A
$108.50
B
$110.25
C
$100.32
D
$105.80

Explanation

Convert 6.2% to a decimal: 0.062. Then multiply the biweekly pay by the rate: $1,750 × 0.062 = $108.50. The Social Security deduction each pay period is $108.50, choice a.

AI-written and checked against the verified answer.

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