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Mathematics

Answered

Use the Social Security tax rate of 6.2% and Medicare tax rate of 1.45% to determine the total deduction.

Gross Pay: $6223

Answer :

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Today at 1:26 PM

$6223 * .062 = 385.826 Social Security
$6223 * .0145= 90.2335 Medicare

$6223 - 385.826 - 90.902335 = 5746.271665 or $5,746.25
Total deductions = 294.923665

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