Answer:
The combined wage bracket tables in Exhibits 9-3 and 9-4 is missing hence I will use 2014 tax year
answer :
a) Federal income tax withheld
= 75.6 + ( 1989.60 - 944 )*15% = $232.44
b) social security
6% * 1989.6 = $119.38
c) Medicare
1.45% * 1989.6 = $28.85
Explanation:
For a single individual
Two withholding allowance = $329.20 * 2 = $658.40
Gross Pay = $2648
withholding allowance = $658.40
Subject to withholding = $2648 - $658.40 = $1989.60
a) Federal income tax withheld
= 75.6 + ( 1989.60 - 944 )*15% = $232.44
b) social security
6% * 1989.6 = $119.38
c) Medicare
1.45% * 1989.6 = $28.85
Answer:
-Checking accounts almost never generate interest.
-It's much easier to spend money from a checking account.
have a nice day!
Answer:
they are afraid of hearing any negative feedback
Answer:
I believe is the correct answer
Explanation:
weather indicator(s)
Answer:
c. appreciate
Explanation:
If the Federal Reserve reduces the interest rate of the US dollar this will lead to lower cost of funds, more people will borrow money and this increases money supplied to the economy.
Excess money will pursue less goods leading to inflation where the purchasing power of the US dollar will reduce.
All things being equal the value of the euro will appreciate against the US dollar if interest rate is decreased.
As the euro strengths against the US dollar, one will need less euros to purchase the weakened dollar.