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book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
book Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman cover

Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman

Edition 7ISBN: 978-1285448596
Exercise 12
Solve the following problems using 6.2%, up to $113,700, for social security tax and 1.45%, no wage limit, for Medicare tax.
What are the social security and Medicare withholdings for an executive whose annual gross earnings are $118,430?
Explanation
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Contemporary Mathematics for Business and Consumers 7th Edition by Robert Brechner ,George Bergeman
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