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OpenStudy (anonymous):
David Dawson earned $4,290 but paid 6.2% in social security taxes and 1.45% of his earnings in Medicare taxes. What was his net earnings after paying social security and Medicare taxes
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OpenStudy (anonymous):
=(6.2% + 1.45%)($4,290) =7.65%($4,290)=(7.65*4,290)/100 = $328.185 pay for taxes then subtract this amount to the real one: $4,290 - $328.185 = $3961.815
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