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3 votes
100 points please helppp

FICA is a(n)
A. Involuntary deduction based on a percentage of gross pay
B. Voluntary deduction based on a percentage of net income
C. Voluntary deduction based on a percentage of gross pay
D. Involuntary deduction based on a percentage of net income

Suppose that your net income for the month is $1,500 and that your total expenses are $2,500. Which statement is accurate
A.You have a surplus of $1,000
B. You have a surplus of $4,000
C. You have a deficit of $1,000
D. You have a deficit of $1,500

you invest $1,000.00 in one account and $4,000.00 in another account. Both accounts have the same interest rate over the same amount of time. How will the interest earned compare?
A they will earn same amount of interest
B the $4,000 account will earn 4 times the amount of interest
C the $4,000 account will earn 2 times the amount of interest
D the $4,000 account all earn one-fourth the amount of interest

100 points please helppp FICA is a(n) A. Involuntary deduction based on a percentage-example-1
User Niceman
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1 Answer

4 votes

Answer:

The first 1 is A. Involuntary deduction based on a percentage of gross pay

The others I don't know and I don't want to give you the wrong answer.


User Yolk
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7.9k points
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