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timmmmy timmmmy
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Posts: 709
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6 years ago
An employee worked 40 hours at 12 per hour and 5 overtime hours at 1.5 times regular pay. Federal income taxes were deducted from the employee's pay at a rate of 20 percent. Social Security and Medicare taxes were deducted at a combined rate of 7.65 percent. What was the employee's net pay?
 a. 412.40
 b. 480.00
 c. 570.25
 d. 600.50
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