95
QuizMultiple Choice

Topic Test

Question 95 • SNHS Financial Math - MA2007

If a 6.2% Social Security tax is applied to a maximum wage of $106,800, the maximum amount of Social Security tax that could ever be charged in a single year is:

Answer
A
$213.60
B
$6,408.00
C
$6,621.60
D
$17,225.81
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