You own a fundraising business and need to hire someone who could bring in $65,000 more in sales. Determine the cost of hiring this person at $45,000 per year. How much would you have to pay for FICA (7.65%)?
a. $3,442.50
b. $4,497.75
c. $5,274.00
d. $6,001.50

Q&A Education