tylerlucas2212 tylerlucas2212
  • 21-05-2021
  • Mathematics
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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 period

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nuuk nuuk
  • 23-05-2021

Answer: [tex]\$25.201[/tex]

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

[tex]\Rightarrow 1738\times 1.45\%\\\Rightarrow 1738\times 0.0145\\\Rightarrow \$25.201[/tex]  

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