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Problema Solution

Social Security is 6.2% of your total income. Suppose that your weekly pay is $850. For any given month, what is your total contribution to Social Security?

Hint: Assume there are 4 weeks in a month.

Answer provided by our tutors

The total income for one month (4 weeks) is: 4*850 = $3,400.

6.2% of $3,400 is:

0.062*3400 = $210.80

The total contribution for Social Security for one month is $210.80.

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