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What will be the total deduction for social security and Medicare taxes on Rony's next semimonthly paycheck of $3,960.00, if she has already earned $42,560.00

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What will be the total deduction for social security and Medicare taxes on Rony's next semimonthly paycheck of $3,960.00, if she has already earned $42,560.00 this year? (Social security tax is 6.2% of gross wages up to $117,00. Medicare tax is 1.45% of all gross wages.) a) $283.52 b) $302.94 c) $101.87 d) $242.92

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