Find the Social Security tax and Medicare tax on the annual gross income of a self-employed individual. For a self-employed person, the FICA rate is 12.4% and the Medicare rate is 2.9%. Round to the nearest cent if needed.John Rosar, framer, earned $22,558.39

A. $1398.62, $654.19
B. $2797.24, $654.19
C. $1398.62, $327.10
D. $2697.24, $554.19


Answer: B

Mathematics

You might also like to view...

Solve the problem.Al's Recycling Center pays local children $0.50 for each pound of aluminum cans they bring in. If Bobby brings in 11 pounds of cans, what are his gross earnings?

A. $5.50 B. $4.00 C. $7.00 D. $11.50

Mathematics

Write the system of equations associated with the augmented matrix. Do not solve.

A. x =-15 y =-19 z = 0 B. x = 0 y =-14 z = 5 C. x = 5 y = 9 z =-10 D. x = -5 y = -9 z = 10

Mathematics

Divide. ÷ 

A. - 
B. - 
C.
D.

Mathematics

What part of is included by and ?

What will be an ideal response?

Mathematics