BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
Question
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Luisa Medina is paid $556 a week. Her employer deducts $56 for federal withholding tax. $54.78 for insurance, 6.2% for Social Security taxes, and 1.45% for Medicare taxes. For the week, what is her net pay after total deductions?
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$40.26
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$402.69
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$4026.90
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$4.02
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Explanation:
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