mmoya305
Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Lily's gross pay is $350.00 per pay period. The Medicare tax rate is 1.45%. How much Medicare tax does Lily Ipay per pay period?

$5.08
$15.08
$21.70
$4.20​

Sagot :

mhanifa

Answer:

  • A. $5.08

Step-by-step explanation:

Given

  • Gross pay = $350
  • Medicare tax rate = 1.45%

The amount of tax:

  • 350*1.45/100 = 5.075 ≈ 5.08
ItzMeÆXO

Answer:

$ 15.08

Step-by-step explanation:

Payment = 1.45% × $ 350.00

Payment = 0.0145 × $ 350.00

Payment = $ 15.075

Payment ~ $ 15.08

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.