robinsontemiko7742 robinsontemiko7742
  • 24-12-2020
  • Business
contestada

Assuming a FICA tax rate of 8% on the first $100,000 in wages, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $120,000 for the year?

Respuesta :

ciarareagan32
ciarareagan32 ciarareagan32
  • 04-01-2021

Answer:

the answer is c

Explanation:

Answer Link

Otras preguntas

Need some pre-calc assistance.
I’m struggling on this question can someone help me?
Find the volume of a cylinder that has a diameter of 6 and a height of 9. Leave your answer in terms of (pie)
How many presents are humans made from water ?
Help me I really need help
Why do you think some states thought it was important to include the bill of rights in the constitution
A researcher has a hypothesis there is a relationship between cancer and stress. He sets out to measure how stressed patients were before they got cancer. He
A vitamin C tablet contains 1/40 of a gram of vitamin C. You take 1 1/2 tablets every day. How many grams of vitamin C do you take every day?
Plz help me get the answer ASAP
25 points! Please help be the best you can