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Anita contributes 5% of her salary to her employer's qualified retirement plan. If she earns a gross salary of $60,000 and her marginal tax rate
Anita contributes 5% of her salary to her employer's qualified retirement plan. If she earns a gross salary of $60,000 and her marginal tax rate is 24%, how much federal income tax is she saving? A) $14,400 B) $720 C) $3,000 D) $1,440
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
5th edition
9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169
