Suppose your monthly salary is $7,415 with the following deductions. (Answers should be rounded to the nearest
Question:
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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a 0387415 281770 b 00627415 4...View the full answer
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