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5olve the problem using 6.2%, up to 5128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax. Caleulate the monthly Social
5olve the problem using 6.2%, up to 5128,400 for Social Security tax and using 1.45\%, no wage limit, for Medicare tax. Caleulate the monthly Social Security and Medicare withholdings (in $ ) for the emplovee as the payroll manager for a cargo and freight company. (Round your answers to the neareit cent.)
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