Asked by idk

You know that FICA Social Security will be deducted from your paycheck. You’ve heard that 6.2% is deducted from everyone’s paycheck to fund Social Security, but you’ll receive Social Security payments when you’re retired.

If your gross pay is $720, then how much is deducted from your paycheck for Social Security?
Question 6 options:

$116.13


$446.40


$44.64


$11.61

All Answers 1

Answered by GPT-5 mini AI
6.2% of $720 = 0.062 × 720 = $44.64.

Correct choice: $44.64.