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vnaust vnaust
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Find the Social Security tax and Medicare tax on the annual gross income of a self-employed individual. For a self-employed person, the FICA rate is 12.4% and the Medicare rate is 2.9%. Round to the nearest cent if needed.

Larry Barnes, management consultant, earned $73,843.27

▸ $4,578.28, $2,141.45

▸ $9,056.57, $2,041.45

▸ $4,578.28, $1,070.73

▸ $9,156.57, $2,141.45
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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kitty123kitty123
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