Answer:
$5,704
Step-by-step explanation:
We know that
- Amanda earns 92,000 per year.
- The social security taxes are 6.2% per year, which is equivalent to 0.062.
Now, to know the how much Amanda will pay in taxes, we just need to multiply
[tex]92,000 \times 0.062 = 5,704[/tex]
Therefore, Amanda will pay $5,704 in social security taxes, because she earns 92,000 per year, and the taxes are 6.2% of her incomes per year.
So, the right answer is the second choice.
