Use the Formula for the Sum of the First N $\sum _ { i = 1 } ^ { 25 } ( - 5 i - 3 )$

question 41

Multiple Choice

Use the formula for the sum of the first n terms of an arithmetic sequence to find the indicated sum.
- $\sum _ { i = 1 } ^ { 25 } ( - 5 i - 3 )$

• A) -1700
• B) -1525
• C) -1612.5
• D) -1637.5

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Definitions:

FICA-Medicare

A component of FICA taxes, withheld from employee wages and matched by employers, to fund the Medicare health insurance program.

FICA-OASDI

Tax contributions made by both employees and employers to fund the Social Security program, covering retirement, disability, and survivorship benefits under the Federal Insurance Contributions Act.

FICA Tax Rate

The combined rate for Social Security and Medicare taxes that employers and employees must pay on wages.

OASDI

Old-Age, Survivors, and Disability Insurance, a comprehensive federal benefits program that includes retirement, disability, and survivors benefits.