Assume your gross pay per pay period is $4,900.00 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $490.00 per pay period in a tax-sheltered annuity. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

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03-12-2021
Business

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Assume your gross pay per pay period is $4,900.00 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $490.00 per pay period in a tax-sheltered annuity. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)

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