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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 69
An employee is paid a salary of $9300 per month. If the current FICA rate is 6.2 on the first $110,000 of earnings, and the Medicare tax rate is 1.45 of all earnings, how much should be withheld for (a) FICA tax and (b) Medicare tax during the following months?
Explanation
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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