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What amount of employment insurance will be deducted

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Reference no: EM132813833

Problem 1: The employer is currently required to withhold a premium of 1.88% on insured earnings to a maximum earnings ceiling of $49,500. Dallas Reimer earns $1,000 per week. What amount of Employment Insurance (EI) will be deducted from Dallas's pay each week?

Option 1: $25.62
Option 2: $839.97
Option 3: $0
Option 4: $18.80

Reference no: EM132813833

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