The Medicare tax rate is 1.45% how much would be withheld form someone paycheck for Medicare with wages of $1,738 for that pay p

Question

3 years ago

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eriod

1 answer:

Tcecarenko [31] · Answer 1 · 2022-08-11T14:13:42+03:00

7 0

Answer: $\$25.201$

Step-by-step explanation:

Given

The Medicare tax rate is 1.45%

The wages of a person is $1738

The amount which is withheld from the person paycheck is

$\Rightarrow 1738\times 1.45\%\\\Rightarrow 1738\times 0.0145\\\Rightarrow \$25.201$