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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.

Lily Adams is paid 6% commission on sales. During a recent week, she had sales of

and returns of

Find her Social Security tax, Medicare tax, and SDI deduction for the week.

▸ $32.83, $5.19, $5.29

▸ $32.15, $7.52, $5.19

▸ $31.11, $7.28, $5.02

▸ $31.48, $7.36, $5.08

Textbook

Business Mathematics

Edition: 15^th

Authors: Clendenen, Moninger

Read 40 times

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