Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest

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Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest cent.)

a. What is the federal tax (38%)?

b. What is the state tax (6.2%)?

c. What is the retirement deduction (10%)?

d. What are the miscellaneous deductions (4.5%)?

e. What is your take-home salary?

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