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Business, 11.05.2021 14:00 eileentennyson

You hire a new employee for $40,000 salary. You the employer will pay 6.2% social security tax, Medicare tax 1.65%, and workman's compensation insurance of 1%. How much will this employee cost the company per year?

a) $40,000
b) $41.738
c) $42,480
d) S43,540

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