Question: ch 9 8. Solve the following problem using 6.2%, up to $117,000, for social security tax and 1.45%, no wage limit, for Medicare tax. Kristy

ch 9

8. Solve the following problem using 6.2%, up to $117,000, for social security tax and 1.45%, no wage limit, for Medicare tax.

Kristy Dunaway has biweekly gross earnings of $1,950. What are her total social security and Medicare tax withholdings for a whole year? Round to the nearest cent when necessary.

Social security: $

Medicare: $

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