Mathematics, 24.09.2020 14:01 fnaffan
John worked 43 hours last week; his hourly rate is $9.00. He has the following
deductions, taken from his pay: Social Security tax at the rate of 6.2%, Medicare tax at
the rate of 1.45%, health insurance premiums of $15.00 and 401(k) contributions of 5%
of gross pay. John also has federal income tax withheld at the rate of 10%. Federal taxes
do not apply to the 401(k) contribution.
Second, how much is John's total deductions?
Answers: 2
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John worked 43 hours last week; his hourly rate is $9.00. He has the following
deductions, taken fr...
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