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20 November, 17:56

You just got a job a whataburger. You make $8 an hour. You are able to work 20 hrs a week. You plan on working for 1 year to save up for a car. The used car you want will cost $7000? The government takes about 5.65% out of your check for FICA. Will you have enough money to buy your car.

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  1. 20 November, 18:00
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    Yes, you can buy the used car with $849.92 left over.

    Step-by-step explanation:

    20 hours per week for 52 weeks = 1040 hours

    1040 hours at $8 = $8320 per year

    FICA = 8320 x 0.0565 = $470.08

    8320 - 470.08 = $7849.92
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