Question

in 1988, social security tax was 7.51%, to the maximum income of $45,000. if grace earned $51,2111 in 1988, how much social security tax did she pay?

Answer 1

$3,379.50.

Explanation:

7.51% = . 0751 as a decimal. (. 0751) * $45,000 = $3,379.50.