Tim Ries earns $ 4 8 , 3 2 0 annually as a supervisor for the Lakeside Bank a If the SUTA tax rate is 5 4 of the first $ 7 , 0 0 0 earned in a year, how much SUTA tax must the bank pay each year for Tim

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Tim Ries earns $ 4 8 , 3 2 0 annually as a supervisor for the Lakeside Bank. a . If the SUTA tax rate

Tim Ries earns $

48, 320

annually as a supervisor for the Lakeside Bank.

.

If the SUTA tax rate is

5.4 %

of the first $

7, 000

earned in a year, how much SUTA tax must the bank pay each year for Tim?

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