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Use the Binomial Theorem to expand the expression .
Medicare Tax Rate
The Medicare Tax Rate is a federal payroll tax rate used to fund the Medicare program, charged to both employees and employers.
Social Security Tax
A payroll tax that finances the United States' social security program, providing benefits for retirees, the disabled, and children of deceased workers.
Hourly Wage Rate
The amount of money paid for each hour of work performed, typically associated with part-time or contractual employment.
Gross Pay
The total compensation a person receives before any deductions or taxes are taken out.
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