Multiple Choice
In December 2011,B.Rich worked for Payless,Inc.and earned $10,000.Federal income tax withholding is 20%.The FICA rate is 6.2% and the Medicare tax is 1.45%.What is B.Rich's net pay?
A) $10,000
B) $8,000
C) $7,235
D) $6,615
Correct Answer:
Verified
Correct Answer:
Verified
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