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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.

Kay McClain is paid 7% commission on sales. During a recent week, she had sales of

on Monday,

on Tuesday, and

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

▸ $37.34, $8.73, $6.02

▸ $42.18, $6.02, $6.80

▸ $49.58, $11.60, $8.00

▸ $44.74, $10.46, $7.22

Textbook

Business Mathematics

Edition: 15^th

Authors: Clendenen, Moninger

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