Suppose Jim worked 76 hours during his payroll period and is paid $11 per hour. Assume FICA
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Question:
Suppose Jim worked 76 hours during his payroll period and is paid $11 per hour. Assume FICA is 6.2%, medicare is 1.45% and withholding tax is 10%.
Calculate Jim's net paycheck for the period.
Net Paycheck=
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