BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Reginald Wallace’s gross weekly salary is $515. His weekly federal withholding is $55. The Social Security tax is 6.2% of his gross pay. The Medicare tax is 1.45% of his gross pay. The state tax is 3.3% of his gross pay. Each week he pays $12.40 for medical insurance. How much is deducted from Wallace’s weekly wages for state tax and Medicare tax?
|
|
$17.67
|
|
|
$12.22
|
|
|
$24.46
|
|
|
$16.19
|
Explanation:
There is 1 question to complete.