Gary earned a gross pay of $1,047.30 last week. using the fact that social security tax is 6.2% of gross pay, determine the amount of social security tax deducted from gary’s gross pay.

The  social Security tax is $64.933 .

Step-by-step explanation:

As given

Gary earned a gross pay of $1,047.30 last week.

Social Security tax is 6.2% of gross pay .

6.2% is written in the decimal form

= 0.062

Social Security tax = 0.062 ×  Gross pay

Put all the values in the formula

Social Security tax = 0.062 ×  1047.30

                               = $64.933 (Approx)

Therefore the  social Security tax is $64.933 .

step-by-step explanation: