QUESTION 1 Employees in 2018 paid 5.2% of their gross wages toward social security while employers paid another
7.3% How much will a person's employer pay towards social security if an employee makes $50,000 in
the year.

$2600

Step-by-step explanation:

Given that:

the employee earns $50,000 in  a year

The amount of money on wages paid by the employee towards social security = 5.2% of their gross wage

=

= $2600

if an employee makes $50,000 in  the year, he will pay $2600 towards social security.

The other employees that paid 7.3% of their gross wages will not be regarded since they're paying it from their own fund.

i think it's either c or d

step-by-step explanation: the entire question is extremely odd. 04 obviously refers to the interest rate. honestly i will say the answer is c. because the (2 x 12) part would mean it's compounded semiannually. i'll say choose c.

step-by-step explanation: