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Question 15 (2 points) Assuming a FICA tax rate of 7.65% on the first $110,100 in wages, and a federal income tax rate of 20%

Question 15 (2 points) Assuming a FICA tax rate of 7.65% on the first $110,100 in wages, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $180,000 for the year? a) $134,564 b) $135,577 c) $144,000 d) $126,141

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