Social Security is taxed at 6.2% up to $128,400. Medicare is taxed at 1.45%. How much Social Security and Medicare tax should be collected from someone who earns $135,000?
$7,590.50
$9,450.35
$9,918.30
$10,817.25

  $9918.30

Step-by-step explanation:

The total tax is ...

  6.2% × $128,400 + 1.45% × $135,000 = $7960.80 +1957.50

  = $9,918.30

the answer to the expression is 83

required rate of return = 0.166 = 16.6%

step-by-step explanation:

under the capital asset pricing model (capm), the required or expected rate of return for a particular security or asset is given using the formula:

required rate of return = risk-free rate + beta*(market risk premium)

we are given that;

risk-free rate = 4% = 0.04

beta = 1.4

market risk premium = 9% = 0.09

we simply plug these values into the above formula;

required rate of return = 0.04 + 1.4*(0.09)

required rate of return = 0.04 + 0.126

required rate of return = 0.166 = 16.6%