SOLUTION: Is it A? I'm checking my answers.
Bill is paid bi-weekly and has a gross pay of $1500 for each pay period.
He pays Social Security at a rate of 6.2%, Medicare at a rate of 1
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-> SOLUTION: Is it A? I'm checking my answers.
Bill is paid bi-weekly and has a gross pay of $1500 for each pay period.
He pays Social Security at a rate of 6.2%, Medicare at a rate of 1
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Question 1160601: Is it A? I'm checking my answers.
Bill is paid bi-weekly and has a gross pay of $1500 for each pay period.
He pays Social Security at a rate of 6.2%, Medicare at a rate of 1.45%, and pays combined taxes of 16.2%.
What will be his net paycheck be if those are the only deductions?
A. $1142.25
B. $1360.95
C. $1210.15
D. $139.05
The question is provided in the link here: https://i.imgur.com/tfbNmm3.png Answer by MathLover1(20850) (Show Source):
