The person pays Social Security 6.2 percent of the first $90,000. Medicare is 1.45 percent of all income. Use the tax tables for
federal tax. The state tax is 2 percent of gross pay and the local tax is 1.5 percent of gross pay. (Remember to add the Medical, Union Dues, and Others for total deduction. FIT = Federal Income Tax, FICA = Social Security).
1 answer:
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Answer:
Step-by-step explanation:
We have to find the derivative of the following function:
Now, differentiating both sides with respect to x we get,
⇒ (Answer)
{Since, we know that, and
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