Lily is paid 2240 weekly so far this year she has earned, Financial Management

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Lily is paid 2240 weekly so far this year she has earned

Lily is paid $2,240 weekly. So far this year she has earned $91,840. What will be the total deduction for social security and Medicare taxes on her next paycheck? Social security tax is 6.2% of wages up to $113,700. Medicare tax is 1.45% of all wages

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Financial Management: Lily is paid 2240 weekly so far this year she has earned

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