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Solve the problem. Use a FICA rate of 6.2%, a Medicare rate of 1.45%, and an SDI rate of 1%. Assume ...

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Solve the problem. Use a FICA rate of 6.2%, a Medicare rate of 1.45%, and an SDI rate of 1%. Assume ...

Solve the problem. Use a FICA rate of 6.2%, a Medicare rate of 1.45%, and an SDI rate of 1%. Assume the person's earnings will not exceed $31,800 for the year. Round to the nearest cent if needed.

Beth Conners worked 41.6 hours last week at Creative Kitchens. She is paid $6.91 per hour, plus

for overtime. Find her Social Security tax and Medicare tax for the week.

▸ $26.73, $6.26

▸ $17.14, $4.01

▸ $18.17, $4.25

▸ $17.82, $4.17

Textbook

Business Mathematics

Edition: 15^th

Authors: Clendenen, Moninger

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