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If you have $55.80 deducted weekly for federal taxes and $29.21 for FICA, what will be the total amount you will pay for each of these for a year?

Respuesta :

You multiply each number by the number of weeks in a year.

Federal taxes:

$55.80 x 52 weeks = $2,901.60 for the year

FICA:

$29.21 x 52 weeks = $1,518.92 for the year

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