Problema Solution
Sonya wants to know how much are annual take-home pay will be after she pays FICA taxes totaling 7 points 65% on an annual salary of $36,590
Answer provided by our tutors
After reducing the amount of $36,590 by 7.65% what is left is 100 - 7.65 = 92.35%:
0.9235*36590 = $33,790.865
After paying the taxes the annual salary will be $33,790.865.