Listed below are five terms followed by a list of phrases that describe or characterize each of the terms.Match each phrase with the number for the correct term.
Definitions:
Medicare Tax
A federal tax paid by employees and employers to fund the Medicare program.
Federal Income Tax
The tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Interest Calculations
The process of determining the amount of interest owed or earned over a specified period of time, based on a given rate and principal amount.
Merchandise
Goods available for sale in a retail or wholesale environment.
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