00:02
Okay, in this problem, we have this gross pay of 765, right? so that's her total gross pay, 765, and she's having stuff taken out of it.
00:14
So we have social security tax.
00:15
So the first thing we're going to do is to find out how much of each, how much is taken out for each of these things.
00:20
So we're losing 6 .2%.
00:22
So that's going to be 765 times .062.
00:29
Okay.
00:30
And that's going to be her social security tax.
00:32
Then the next thing we're going to take out is medicare, which is 1 .45.
00:36
So we're going to take 765 and multiply that 5 .0.
00:41
What was it? 1 .45.
00:44
All right.
00:44
And that's going to equal something.
00:45
We're going to do all that in our phone calculator here in a minute.
00:48
All right.
00:48
And then 22 % of federal tax.
00:52
All right.
00:53
That is 22 % of, wait, wait, wait, state tax...