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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 63
Find the Social Security tax and the Medicare tax for each of the following amounts of gross earnings. Assume a 6.2 % FICA rate and a 1.45 % Medicare tax rate. (See Example 1.)
$942.50 __________ ____________
$942.50 __________ ____________
Explanation
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In order to find the Social Security tax...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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