Question 2 (multiple choice) brad clark took out a simple interest loan at 13% interest for 12 months. his previous balance is $619. what is the final payment if the loan is paid off with the next payment? (hint: first find the monthly interest rate and multiply it by the previous balance. this gives you the final interest charge. then, add the interest to the remaining balance.) a. $625.71 b. $621.00 c. $675.09

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60