BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ramiro got his fi rst job in 2006. In that year, Social Security tax was 6.2% of income up to $94, 200. Medicare tax was 1.45%. If Ramiro earned $73, 210 in 2006, how much did he in Medicare taxes?
A
$4, 539.02
B
$5, 840.40
C
$1, 061.55
D
$1, 365.90
Explanation: 
There is 1 question to complete.