Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman

Exercise 83

Tim Ries earns $48,320 annually as a supervisor for the Lakeside Bank.
a. If the SUTA tax rate is 5.4% of the first $7,000 earned in a year, how much SUTA tax must the bank pay each year for Tim
b. If the FUTA tax rate is 6.0% of the first $7,000 earned in a year minus the SUTA tax paid, how much FUTA tax must the bank pay each year for Tim