What is the fica tax (assuming a 7.65% rate) on a weekly paycheck of $407.00?
(a) 3.11
(b) 5.32
(c) 31.14
(d) 53.20

FICA tax on a weekly paycheck of $407.00 is $31.14 .

Option (C) is correct .

Step-by-step explanation:

As given

FICA tax is 7.65% rate and weekly paycheck of $407.00 .

7.65% is written in the decimal form

= 0.0765

Thus

FICA tax = 0.0765 × Weekly paycheck amount .

Put all values in the above

FICA tax = 0.0765 × 407

               = $31.14 (Approx)

Therefore  FICA tax on a weekly paycheck of $407.00 is $31.14 .

Option (C) is correct .